Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
US Dollar/Papua New Guinea Kina (FOREX:USDPGK)
Sidelines Mode (+55) - USDPGK 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 USDPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDPGK
The long-term trend has been UP since Feb 16th, 2021 at 3.5737853
The intermediate-term trend has been UP since Feb 16th, 2021 at 3.5595223
The short-term trend has been DOWN since Feb 17th, 2021 at 3.5375000
Smart Scan Analysis for USDPGK
Based on our trend formula, USDPGK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).