Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

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

Long-Term Downtrend (-90) - PGKAUD is in a strong downtrend that is likely to continue. While PGKAUD 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 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.

FOREX_PGKAUD
Open High Low PGKAUD Price Change
0.36285891 0.36297605 0.36285891 0.36297605 +0.00011700
Entry Signal

MarketClub’s Trade Triangles for PGKAUD

long term down The long-term trend has been DOWN since Jun 3rd, 2020 at 0.43985471

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.36859810

short term down The short-term trend has been DOWN since Apr 8th, 2021 at 0.36871951

Smart Scan Analysis for PGKAUD

Based on our trend formula, PGKAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PGKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36285891 0.36297605 0.36285891 0.36297605 +0.00011700
Prev. Close Volume Bid Ask Time
0.36285891 2021-05-11 20:34:48
Get a free daily analysis and signals for Papua New Guinea Kina/Australian Dollar (PGKAUD) - Request Your Free Report.