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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Papua New Guinea Kina/US Dollar (FOREX:PGKUSD)
Sidelines Mode (+50) - PGKUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PGKUSD can gain momentum.
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.
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MarketClub’s Trade Triangles for PGKUSD
The long-term trend has been DOWN since Feb 21st, 2023 at 0.28023040
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.24945026
The short-term trend has been UP since Nov 19th, 2024 at 0.24887561
Smart Scan Analysis for PGKUSD
Based on our trend formula, PGKUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24950017 | 0.24950017 | 0.24950017 | 0.24950017 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24950017 | 2024-11-19 21:06:21 |