Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Bull Market Weakness (+75) - ZARPGK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 Apr 27th, 2020 at 0.18246986
The intermediate-term trend has been UP since Feb 8th, 2021 at 0.23805339
The short-term trend has been DOWN since Feb 25th, 2021 at 0.24217042
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).