Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Australian Dollar/Papua New Guinea Kina (FOREX:AUDPGK)

Bull Market Weakness (+75) - AUDPGK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDPGK as it may be in the beginning stages of a reversal.

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.

FOREX_AUDPGK
Open High Low AUDPGK Price Change
2.6320887 2.6320887 2.6320887 2.6320887 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AUDPGK

long term up The long-term trend has been UP since Nov 6th, 2023 at 2.4094203

intermediate term up The intermediate-term trend has been UP since Jun 20th, 2024 at 2.5939257

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 2.6383135

Smart Scan Analysis for AUDPGK

Based on our trend formula, AUDPGK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for AUDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6320887 2.6320887 2.6320887 2.6320887 0.0000000
Prev. Close Volume Bid Ask Time
2.6320887 2024-07-17 16:15:52
Get a free daily analysis and signals for Australian Dollar/Papua New Guinea Kina (AUDPGK) - Request Your Free Report.