Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Paraguayan Guarani/Euro (FOREX:PYGEUR)
Sidelines Mode (+55) - PYGEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 6th, 2021 at 0.00012527
The intermediate-term trend has been UP since Sep 13th, 2021 at 0.00012297
The short-term trend has been DOWN since Oct 15th, 2021 at 0.00012532
Smart Scan Analysis for PYGEUR
Based on our trend formula, PYGEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).