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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Papua New Guinea Kina/British Pound (FOREX:PGKGBP)

Sidelines Mode (-55) - PGKGBP 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 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.

FOREX_PGKGBP
Open High Low PGKGBP Price Change
0.20086164 0.20086164 0.20086164 0.20086164 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKGBP

long term down The long-term trend has been DOWN since May 15th, 2024 at 0.20457613

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2024 at 0.20189384

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.19699849

Smart Scan Analysis for PGKGBP

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

-55
Smart Scan Analysis for PGKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20086164 0.20086164 0.20086164 0.20086164 0.00000000
Prev. Close Volume Bid Ask Time
0.20086164 2024-07-25 07:26:12
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