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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Paraguayan Guarani (FOREX:GBPPYG)

Countertrend Down (-85) - GBPPYG 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 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.

FOREX_GBPPYG
Open High Low GBPPYG Price Change
8109.449 8109.449 8109.449 8109.449 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 8336.446

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 8100.523

short term up The short-term trend has been UP since May 20th, 2020 at 8071.896

Smart Scan Analysis for GBPPYG

Based on our trend formula, GBPPYG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8109.449 8109.449 8109.449 8109.449 0.000
Prev. Close Volume Bid Ask Time
8063.852 7964.262 8254.635 2020-05-21 21:08:20
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