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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Papua New Guinea Kina/Australian Dollar (FOREX:PGKAUD)

Bear Market Rally (-75) - PGKAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PGKAUD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid PGKAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PGKAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PGKAUD
Open High Low PGKAUD Price Change
0.38910304 0.38910304 0.38910304 0.38910304 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKAUD

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 0.41520442

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.39393231

short term up The short-term trend has been UP since May 23rd, 2024 at 0.38716767

Smart Scan Analysis for PGKAUD

Based on our trend formula, PGKAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PGKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38910304 0.38910304 0.38910304 0.38910304 0.00000000
Prev. Close Volume Bid Ask Time
0.38910304 2024-05-25 06:03:51
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