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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Papua New Guinea Kina/US Dollar (FOREX:PGKUSD)

Strong Downtrend (-100) - PGKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PGKUSD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PGKUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PGKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PGKUSD
Open High Low PGKUSD Price Change
0.25732891 0.25732891 0.25725311 0.25728864 -0.00004000
Entry Signal

MarketClub’s Trade Triangles for PGKUSD

long term down The long-term trend has been DOWN since Feb 21st, 2023 at 0.28023040

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2024 at 0.26675379

short term down The short-term trend has been DOWN since May 20th, 2024 at 0.25739171

Smart Scan Analysis for PGKUSD

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

-100
Smart Scan Analysis for PGKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25732891 0.25732891 0.25725311 0.25728864 -0.00004000
Prev. Close Volume Bid Ask Time
0.25742725 2024-05-20 21:01:08
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