Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Sidelines Mode (+55) - ZARPGK 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 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 Apr 27th, 2020 at 0.18246986
The intermediate-term trend has been UP since Oct 20th, 2020 at 0.21318730
The short-term trend has been DOWN since Nov 30th, 2020 at 0.22900437
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).