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Forex Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

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
0.24180563 0.24180563 0.24180563 0.24180563 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKEUR

long term down The long-term trend has been DOWN since Jul 2nd, 2020 at 0.25552801

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2020 at 0.24039259

short term down The short-term trend has been DOWN since Oct 20th, 2020 at 0.24248604

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
0.24180563 0.24180563 0.24180563 0.24180563 0.00000000
Prev. Close Volume Bid Ask Time
0.24180563 2020-10-27 22:05:30
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