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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

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

Weak Downtrend (-65) - GBPPGK is showing signs of a strengthening downtrend. Monitor GBPPGK as it may be building momentum to the downside.

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
4.7255314 4.7255314 4.7255314 4.7255314 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPPGK

long term up The long-term trend has been UP since Nov 6th, 2023 at 4.6542982

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 4.7743071

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 4.8180924

Smart Scan Analysis for GBPPGK

Based on our trend formula, GBPPGK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7255314 4.7255314 4.7255314 4.7255314 0.0000000
Prev. Close Volume Bid Ask Time
4.7010434 2024-04-20 20:39:49
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