Forex Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
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 Mar 4th, 2022 at 7663.5
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 7267.6
The short-term trend has been UP since Jul 21st, 2022 at 6969.0
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).