Forex Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Weak Uptrend (+65) - ZARPGK is showing signs of weakening momentum to the upside. Monitor ZARPGK as it may be in the beginning stages of a reversal.
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 UP since Jul 20th, 2023 at 0.19924495
The intermediate-term trend has been UP since Oct 12th, 2023 at 0.19027357
The short-term trend has been DOWN since Nov 24th, 2023 at 0.20122796
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).