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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Papua New Guinea Kina/British Pound (FOREX:PGKGBP)
Sidelines Mode (+50) - PGKGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PGKGBP can gain momentum.
Is it time to buy, sell, or avoid PGKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PGKGBP
The long-term trend has been DOWN since May 15th, 2024 at 0.20457613
The intermediate-term trend has been UP since Nov 13th, 2024 at 0.19502743
The short-term trend has been UP since Nov 12th, 2024 at 0.19271012
Smart Scan Analysis for PGKGBP
Based on our trend formula, PGKGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19661437 | 0.19661437 | 0.19661437 | 0.19661437 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19661437 | 2024-11-19 21:06:21 |