Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Countertrend Up (+85) - ZARPGK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Apr 27th, 2020 at 0.18246986
The short-term trend has been UP since Apr 29th, 2020 at 0.18569855
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).