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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_USDPGK
Open High Low USDPGK Price Change
3.8683632 3.8683632 3.8683632 3.8683632 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDPGK

long term up The long-term trend has been UP since Jun 25th, 2024 at 3.9166376

intermediate term up The intermediate-term trend has been UP since Jun 25th, 2024 at 3.9166376

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 3.9131991

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).

+55
Smart Scan Analysis for USDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8683632 3.8683632 3.8683632 3.8683632 0.0000000
Prev. Close Volume Bid Ask Time
3.8683632 2024-07-25 07:26:12
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