Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
British Pound/Papua New Guinea Kina (FOREX:GBPPGK)
Weak Downtrend (-65) - GBPPGK is showing signs of a strengthening downtrend. Monitor GBPPGK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPPGK
The long-term trend has been UP since Apr 5th, 2023 at 4.3552217
The intermediate-term trend has been DOWN since Sep 7th, 2023 at 4.6070492
The short-term trend has been DOWN since Aug 25th, 2023 at 4.6379051
Smart Scan Analysis for GBPPGK
Based on our trend formula, GBPPGK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).