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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

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

Countertrend Up (+85) - USDPGK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDPGK
Open High Low USDPGK Price Change
3.7313779 3.7313779 3.7313779 3.7313779 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDPGK

long term up The long-term trend has been UP since Jun 19th, 2023 at 3.5960441

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 3.7746500

short term up The short-term trend has been UP since Dec 8th, 2023 at 3.7292100

Smart Scan Analysis for USDPGK

Based on our trend formula, USDPGK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7313779 3.7313779 3.7313779 3.7313779 0.0000000
Prev. Close Volume Bid Ask Time
3.7313779 2023-12-09 00:32:27
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