Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
US Dollar/Papua New Guinea Kina (FOREX:USDPGK)
Weak Downtrend (-65) - USDPGK is showing signs of a strengthening downtrend. Monitor USDPGK as it may be building momentum to the downside.
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 Oct 13th, 2021 at 3.5557790
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 3.5116884
The short-term trend has been DOWN since Oct 18th, 2021 at 3.5104473
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).