Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Papua New Guinea Kina/Australian Dollar (FOREX:PGKAUD)
Strong Downtrend (-100) - PGKAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PGKAUD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PGKAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGKAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGKAUD
The long-term trend has been DOWN since Jun 14th, 2023 at 0.41283087
The intermediate-term trend has been DOWN since Sep 4th, 2023 at 0.42362255
The short-term trend has been DOWN since Sep 11th, 2023 at 0.42731636
Smart Scan Analysis for PGKAUD
Based on our trend formula, PGKAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).