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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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
8315.001 8315.001 8315.001 8315.001 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long-term trend has been DOWN since Apr 4th, 2022 at 9128.514

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 8311.737

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 8303.928

Smart Scan Analysis for GBPPYG

Based on our trend formula, GBPPYG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8315.001 8315.001 8315.001 8315.001 0.000
Prev. Close Volume Bid Ask Time
8315.001 2022-08-17 07:25:07
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