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Forex Trend Analysis Report

Prepared for you on Saturday, November 23, 2024.

Papua New Guinea Kina/US Dollar (FOREX:PGKUSD)

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

MarketClub looks at technical strength and momentum to determine if the timing is right for PGKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PGKUSD
Open High Low PGKUSD Price Change
0.24852867 0.24852867 0.24852867 0.24852867 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PGKUSD

long term down The long-term trend has been DOWN since Feb 21st, 2023 at 0.28023040

intermediate term down The intermediate-term trend has been DOWN since Nov 21st, 2024 at 0.24779772

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 0.24867919

Smart Scan Analysis for PGKUSD

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

-90
Smart Scan Analysis for PGKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24852867 0.24852867 0.24852867 0.24852867 0.00000000
Prev. Close Volume Bid Ask Time
0.24852867 2024-11-23 08:22:38
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