Free Daily Analysis

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.

FOREX_USDPGK
Open High Low USDPGK Price Change
3.535 3.535 3.535 3.535 0.000
Entry Signal

MarketClub’s Trade Triangles for USDPGK

long term up The long-term trend has been UP since Oct 13th, 2021 at 3.555779

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2021 at 3.535000

short term up 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).

+90
Smart Scan Analysis for USDPGK
Strong Downtrend Sideways 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
Get a free daily analysis and signals for US Dollar/Papua New Guinea Kina (USDPGK) - Request Your Free Report.