Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Papua New Guinea Kina/Euro (FOREX:PGKEUR)
Countertrend Up (+85) - PGKEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for PGKEUR
The long-term trend has been UP since Jul 2nd, 2021 at 0.23967213
The intermediate-term trend has been UP since Aug 9th, 2021 at 0.24203982
The short-term trend has been UP since Sep 13th, 2021 at 0.24152519
Smart Scan Analysis for PGKEUR
Based on our trend formula, PGKEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).