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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

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

Countertrend Up (+85) - PGKUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.2851224 0.2851224 0.2851224 0.2851224 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PGKUSD

long term up The long-term trend has been UP since Jun 2nd, 2021 at 0.28511741

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.28487120

short term up The short-term trend has been UP since Oct 14th, 2021 at 0.28478269

Smart Scan Analysis for PGKUSD

Based on our trend formula, PGKUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for PGKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2851224 0.2851224 0.2851224 0.2851224 0.0000000
Prev. Close Volume Bid Ask Time
0.2851224 2021-10-23 17:27:54
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