Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Countertrend Down (-85) - ZARPGK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ZARPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARPGK
The long-term trend has been DOWN since Jul 21st, 2021 at 0.24146245
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.24042846
The short-term trend has been UP since Oct 14th, 2021 at 0.23616015
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).