Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Papua New Guinea Kina (FOREX:USDPGK)
Bull Market Weakness (+75) - USDPGK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDPGK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDPGK
The long-term trend has been UP since Jun 25th, 2024 at 3.9166376
The intermediate-term trend has been UP since Nov 8th, 2024 at 4.0101828
The short-term trend has been UP since Nov 8th, 2024 at 4.0000000
Smart Scan Analysis for USDPGK
Based on our trend formula, USDPGK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.958750 | 4.009434 | 3.958750 | 4.009434 | +0.050684 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.958750 | 2024-11-19 21:06:21 |