Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Euro/Paraguayan Guarani (FOREX:EURPYG)
Bear Market Rally (-75) - EURPYG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURPYG as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURPYG?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPYG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURPYG
The long-term trend has been DOWN since Oct 6th, 2021 at 7985.0
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 8134.0
The short-term trend has been UP since Oct 15th, 2021 at 7981.7
Smart Scan Analysis for EURPYG
Based on our trend formula, EURPYG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).