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Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
British Pound/Paraguayan Guarani (FOREX:GBPPYG)
Weak Downtrend (-65) - GBPPYG is showing signs of a strengthening downtrend. Monitor GBPPYG as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPPYG?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPYG.
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 GBPPYG
The long-term trend has been DOWN since Apr 4th, 2022 at 9128.514
The intermediate-term trend has been UP since Jul 29th, 2022 at 8311.737
The short-term trend has been DOWN since Aug 9th, 2022 at 8303.928
Smart Scan Analysis for GBPPYG
Based on our trend formula, GBPPYG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8315.001 | 8315.001 | 8315.001 | 8315.001 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8315.001 | 2022-08-17 07:25:07 |