Forex Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
Paraguayan Guarani/Euro (FOREX:PYGEUR)
Sidelines Mode (+50) - PYGEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PYGEUR can gain momentum.
Is it time to buy, sell, or avoid PYGEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PYGEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PYGEUR
The long-term trend has been DOWN since Oct 26th, 2022 at 0.00013981
The intermediate-term trend has been UP since Aug 2nd, 2023 at 0.00012491
The short-term trend has been UP since Sep 21st, 2023 at 0.00012870
Smart Scan Analysis for PYGEUR
Based on our trend formula, PYGEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).