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Forex Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

British Pound/Paraguayan Guarani (FOREX:GBPPYG)

Strong Downtrend (-100) - GBPPYG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPPYG continues to fall. Traders should use caution 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
8911.404 8911.404 8911.404 8911.404 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long-term trend has been DOWN since Sep 23rd, 2023 at 8935.086

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 9340.351

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 9064.614

Smart Scan Analysis for GBPPYG

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

-100
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8911.404 8911.404 8911.404 8911.404 0.000
Prev. Close Volume Bid Ask Time
8856.322 2023-09-23 13:03:35
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