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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

Papua New Guinea Kina/Australian Dollar (FOREX:PGKAUD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_PGKAUD
Open High Low PGKAUD Price Change
0.43047006 0.43108097 0.43047006 0.43108097 +0.00061100
Entry Signal

MarketClub’s Trade Triangles for PGKAUD

long term up The long term trend has been UP since Jan 2nd, 2019 at 0.423540

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 0.432895

short term down The short term trend has been DOWN since Oct 13th, 2019 at 0.433525

Smart Scan Analysis for PGKAUD

Based on a pre-defined weighted trend formula for chart analysis, PGKAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for PGKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43047006 0.43108097 0.43047006 0.43108097 +0.00061100
Prev. Close Volume Bid Ask Time
0.43047006 0.42196479 0.44019714 2019-10-17 20:06:26
Want to analyze Papua New Guinea Kina/Australian Dollar PGKAUD or another symbol? Try our Free Forex Trend Analysis Report.