Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
British Pound/Papua New Guinea Kina (FOREX:GBPPGK)
Long-Term Uptrend (+90) - GBPPGK is in a strong uptrend that is likely to continue. While GBPPGK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for GBPPGK
The long-term trend has been UP since Jul 9th, 2020 at 4.4223065
The intermediate-term trend has been UP since Oct 20th, 2020 at 4.5656516
The short-term trend has been UP since Feb 23rd, 2021 at 4.9636577
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).