Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, January 31, 2025.

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
9824.167 9871.035 9824.167 9871.035 +46.868
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long-term trend has been DOWN since Dec 24th, 2024 at 9773.157

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 9712.809

short term up The short-term trend has been UP since Jan 26th, 2025 at 9774.165

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
9824.167 9871.035 9824.167 9871.035 +46.868
Prev. Close Volume Bid Ask Time
9807.062 2025-01-26 21:06:31
Get a free daily analysis and signals for British Pound/Paraguayan Guarani (GBPPYG) - Request Your Free Report.