Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Papua New Guinea Kina/Euro (FOREX:PGKEUR)
Strong Downtrend (-100) - PGKEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for PGKEUR
The long-term trend has been DOWN since Jul 2nd, 2020 at 0.25552801
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.23138937
The short-term trend has been DOWN since Feb 25th, 2021 at 0.23301283
Smart Scan Analysis for PGKEUR
Based on our trend formula, PGKEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).