Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Papua New Guinea Kina/US Dollar (FOREX:PGKUSD)
Sidelines Mode (+55) - PGKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 27th, 2022 at 0.28409873
The intermediate-term trend has been UP since Jul 24th, 2022 at 0.28046765
The short-term trend has been DOWN since Aug 17th, 2022 at 0.28380717
Smart Scan Analysis for PGKUSD
Based on our trend formula, PGKUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).