Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Sidelines Mode (+50) - ZARPGK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARPGK can gain momentum.
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 Mar 2nd, 2023 at 0.19427321
The intermediate-term trend has been UP since Mar 28th, 2023 at 0.19322168
The short-term trend has been UP since Mar 28th, 2023 at 0.19248127
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).