Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for PGKUSD
The long-term trend has been DOWN since Feb 16th, 2021 at 0.27990937
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.28103281
The short-term trend has been DOWN since Mar 5th, 2021 at 0.28361204
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).