Forex Trend Analysis Report
Prepared for you on Wednesday, December 2, 2020.
Euro/Paraguayan Guarani (FOREX:EURPYG)
Countertrend Up (+85) - EURPYG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jun 5th, 2020 at 7464.0
The intermediate-term trend has been UP since Oct 13th, 2020 at 8182.0
The short-term trend has been UP since Nov 11th, 2020 at 8223.5
Smart Scan Analysis for EURPYG
Based on our trend formula, EURPYG is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).