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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 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.
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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 DOWN since Dec 21st, 2024 at 4.0457252
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0389131 | 4.0389131 | 4.0389131 | 4.0389131 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0389131 | 2024-12-21 06:23:55 |