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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.

FOREX_PGKAUD
Open High Low PGKAUD Price Change
0.42110841 0.42110841 0.42110841 0.42110841 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKAUD

long term down The long-term trend has been DOWN since Jun 14th, 2023 at 0.41283087

intermediate term down The intermediate-term trend has been DOWN since Sep 4th, 2023 at 0.42362255

short term down 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).

-100
Smart Scan Analysis for PGKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42110841 0.42110841 0.42110841 0.42110841 0.00000000
Prev. Close Volume Bid Ask Time
0.42154181 2023-09-23 13:03:36
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