Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Papua New Guinea Kina/Australian Dollar (FOREX:PGKAUD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for PGKAUD
The long term trend has been UP since Jan 2nd, 2019 at 0.423540
The intermediate term trend has been UP since Feb 10th, 2019 at 0.417160
The short term trend has been DOWN since Mar 20th, 2019 at 0.418625
Smart Scan Analysis for PGKAUD
Based on a pre-defined weighted trend formula for chart analysis, PGKAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).