Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
South African Rand/Papua New Guinea Kina (FOREX:ZARPGK)
Strong Downtrend (-100) - ZARPGK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARPGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARPGK
The long-term trend has been DOWN since Jul 21st, 2021 at 0.24146245
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 0.23778083
The short-term trend has been DOWN since Nov 24th, 2021 at 0.23128896
Smart Scan Analysis for ZARPGK
Based on our trend formula, ZARPGK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).