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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

British Pound/Papua New Guinea Kina (FOREX:GBPPGK)

Long-Term Downtrend (-90) - GBPPGK is in a strong downtrend that is likely to continue. While GBPPGK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_GBPPGK
Open High Low GBPPGK Price Change
4.389035 4.389035 4.389035 4.389035 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPPGK

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 4.8355911

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 4.4605117

short term down The short-term trend has been DOWN since Jun 9th, 2022 at 4.4758378

Smart Scan Analysis for GBPPGK

Based on our trend formula, GBPPGK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.389035 4.389035 4.389035 4.389035 0.000000
Prev. Close Volume Bid Ask Time
4.389035 2022-06-18 05:16:24
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