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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Paraguayan Guarani/Euro (FOREX:PYGEUR)
Long-Term Downtrend (-90) - PYGEUR is in a strong downtrend that is likely to continue. While PYGEUR 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 PYGEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PYGEUR.
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 PYGEUR
The long-term trend has been DOWN since Apr 9th, 2024 at 0.00012530
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.00012485
The short-term trend has been DOWN since Apr 18th, 2024 at 0.00012702
Smart Scan Analysis for PYGEUR
Based on our trend formula, PYGEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00012455 | 0.00012455 | 0.00012455 | 0.00012455 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00012455 | 2024-05-08 21:02:49 |