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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

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

Bear Market Rally (-75) - PGKUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PGKUSD as it may be in the beginning of a reversal.

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
0.28996162 0.28996162 0.28996162 0.28996162 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKUSD

long term down The long-term trend has been DOWN since Apr 15th, 2020 at 0.28709308

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2020 at 0.28681509

short term up The short-term trend has been UP since May 20th, 2020 at 0.28978706

Smart Scan Analysis for PGKUSD

Based on our trend formula, PGKUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PGKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28996162 0.28996162 0.28996162 0.28996162 0.00000000
Prev. Close Volume Bid Ask Time
0.28659164 0.28382551 0.29609772 2020-05-20 07:19:06
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