Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

Euro/Papua New Guinea Kina (FOREX:EURPGK)

Long-Term Downtrend (-90) - EURPGK is in a strong downtrend that is likely to continue. While EURPGK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURPGK?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURPGK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURPGK
Open High Low EURPGK Price Change
3.7074 3.7074 3.7074 3.7074 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPGK

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 4.1739

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2022 at 3.9723

short term down The short-term trend has been DOWN since Apr 4th, 2022 at 3.8803

Smart Scan Analysis for EURPGK

Based on our trend formula, EURPGK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7074 3.7074 3.7074 3.7074 0.0000
Prev. Close Volume Bid Ask Time
3.7311 2022-05-16 03:53:37
Get a free daily analysis and signals for Euro/Papua New Guinea Kina (EURPGK) - Request Your Free Report.