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Forex Trend Analysis Report

Prepared for you on Tuesday, November 5, 2024.

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

Crossroads (-60) - USDPGK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDPGK?

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

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

FOREX_USDPGK
Open High Low USDPGK Price Change
3.9975956 3.9975956 3.9077500 3.9077500 -0.0898460
Entry Signal

MarketClub’s Trade Triangles for USDPGK

long term up The long-term trend has been UP since Jun 25th, 2024 at 3.9166376

intermediate term down The intermediate-term trend has been DOWN since Nov 4th, 2024 at 3.9277341

short term down The short-term trend has been DOWN since Oct 30th, 2024 at 3.9970000

Smart Scan Analysis for USDPGK

Based on our trend formula, USDPGK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDPGK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9975956 3.9975956 3.9077500 3.9077500 -0.0898460
Prev. Close Volume Bid Ask Time
3.9975956 2024-11-04 11:31:20
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