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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Paraguayan Guarani/US Dollar (FOREX:PYGUSD)
Countertrend Down (-85) - PYGUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PYGUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PYGUSD.
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 PYGUSD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.00013533
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.00013699
The short-term trend has been UP since May 7th, 2024 at 0.00013401
Smart Scan Analysis for PYGUSD
Based on our trend formula, PYGUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0001338 | 0.0001338 | 0.0001338 | 0.0001338 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0001338 | 2024-05-08 21:02:49 |