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Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
US Dollar/Papua New Guinea Kina (FOREX:USDPGK)
Long-Term Uptrend (+90) - USDPGK is in a strong uptrend that is likely to continue. While USDPGK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDPGK
The long-term trend has been UP since Oct 13th, 2021 at 3.555779
The intermediate-term trend has been UP since Nov 16th, 2021 at 3.535000
The short-term trend has been UP since Dec 3rd, 2021 at 3.535000
Smart Scan Analysis for USDPGK
Based on our trend formula, USDPGK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.535 | 3.535 | 3.535 | 3.535 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.535 | 2021-12-06 08:56:57 |