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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for EURPGK
The long-term trend has been DOWN since Nov 21st, 2024 at 4.238
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 4.243
The short-term trend has been DOWN since Dec 25th, 2024 at 4.247
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.219 | 4.219 | 4.219 | 4.219 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.219 | 2024-12-25 04:48:05 |