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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

British Pound/Paraguayan Guarani (FOREX:GBPPYG)

Sidelines Mode (+50) - GBPPYG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPPYG can gain momentum.

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
9533.732 9533.732 9533.732 9533.732 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 9308.697

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 9438.362

short term up The short-term trend has been UP since Oct 15th, 2021 at 9404.930

Smart Scan Analysis for GBPPYG

Based on our trend formula, GBPPYG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9533.732 9533.732 9533.732 9533.732 0.000
Prev. Close Volume Bid Ask Time
9517.778 2021-10-23 17:27:52
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