Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)
Crossroads (-60) - AUDPGK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jan 28th, 2020 at 2.3021981
The intermediate-term trend has been UP since Apr 9th, 2020 at 2.1100702
The short-term trend has been UP since May 19th, 2020 at 2.2552582
Smart Scan Analysis for AUDPGK
Based on our trend formula, AUDPGK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).