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.
MarketClub’s Trade Triangles for GBPPYG
The long-term trend has been DOWN since Sep 23rd, 2023 at 8935.086
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 9340.351
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).