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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Papua New Guinea Kina/Euro (FOREX:PGKEUR)

Long-Term Downtrend (-90) - PGKEUR is in a strong downtrend that is likely to continue. While PGKEUR 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 PGKEUR?

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

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

FOREX_PGKEUR
Open High Low PGKEUR Price Change
0.24263319 0.24263319 0.24263319 0.24263319 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKEUR

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 0.25016263

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2023 at 0.25501301

short term down The short-term trend has been DOWN since Oct 19th, 2023 at 0.25501301

Smart Scan Analysis for PGKEUR

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

-90
Smart Scan Analysis for PGKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24263319 0.24263319 0.24263319 0.24263319 0.00000000
Prev. Close Volume Bid Ask Time
0.24263319 2023-11-24 07:27:39
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