Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Paraguayan Guarani/US Dollar (FOREX:PYGUSD)
Strong Downtrend (-100) - PYGUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PYGUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PYGUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PYGUSD
The long-term trend has been DOWN since May 21st, 2020 at 0.00015174
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.00015205
The short-term trend has been DOWN since Jun 1st, 2020 at 0.00015086
Smart Scan Analysis for PYGUSD
Based on our trend formula, PYGUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).