Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Countertrend Up (+85) - AUDPGK 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 AUDPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDPGK
The long-term trend has been UP since Jun 14th, 2023 at 2.4233067
The intermediate-term trend has been UP since Sep 4th, 2023 at 2.3615495
The short-term trend has been UP since Sep 11th, 2023 at 2.3411631
Smart Scan Analysis for AUDPGK
Based on our trend formula, AUDPGK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).