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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

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.

FOREX_GBPPYG
Open High Low GBPPYG Price Change
9913.346 9913.346 9913.346 9913.346 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term up The long-term trend has been UP since Jun 9th, 2023 at 9068.986

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 10317.398

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 10273.080

Smart Scan Analysis for GBPPYG

Based on our trend formula, GBPPYG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9913.346 9913.346 9913.346 9913.346 0.000
Prev. Close Volume Bid Ask Time
9913.346 2024-12-02 07:25:14
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