Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, September 13, 2024.
British Pound/Papua New Guinea Kina (FOREX:GBPPGK)
Bull Market Weakness (+75) - GBPPGK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPPGK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPPGK
The long-term trend has been UP since May 15th, 2024 at 4.8899469
The intermediate-term trend has been UP since Aug 14th, 2024 at 5.0592501
The short-term trend has been UP since Aug 13th, 2024 at 5.0045009
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.1844703 | 5.1844703 | 5.1844703 | 5.1844703 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1740268 | 2024-09-11 21:07:01 |