Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Papua New Guinea Kina/Australian Dollar (FOREX:PGKAUD)
Crossroads (-60) - PGKAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for PGKAUD
The long-term trend has been UP since Jun 29th, 2021 at 0.37511833
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.38967078
The short-term trend has been DOWN since Oct 4th, 2021 at 0.39234719
Smart Scan Analysis for PGKAUD
Based on our trend formula, PGKAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).