Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Papua New Guinea Kina (FOREX:GBPPGK)
Countertrend Up (+85) - GBPPGK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPPGK
The long-term trend has been UP since May 15th, 2024 at 4.8899469
The intermediate-term trend has been UP since Dec 9th, 2024 at 5.1426086
The short-term trend has been UP since Dec 25th, 2024 at 5.1595761
Smart Scan Analysis for GBPPGK
Based on our trend formula, GBPPGK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.17066 | 5.17066 | 5.17066 | 5.17066 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.17066 | 2024-12-25 04:48:05 |