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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Papua New Guinea Kina/Euro (FOREX:PGKEUR)

Sidelines Mode (-55) - PGKEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.23995403 0.23995403 0.23995403 0.23995403 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 Jun 5th, 2024 at 0.23649121

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.23926483

Smart Scan Analysis for PGKEUR

Based on our trend formula, PGKEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PGKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23995403 0.23995403 0.23995403 0.23995403 0.00000000
Prev. Close Volume Bid Ask Time
0.24292801 2024-06-16 19:01:50
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