Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Paraguayan Guarani/US Dollar (FOREX:PYGUSD)
Countertrend Up (+85) - PYGUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Mar 10th, 2023 at 0.00013951
The intermediate-term trend has been UP since Feb 13th, 2023 at 0.00013687
The short-term trend has been UP since Mar 3rd, 2023 at 0.00013753
Smart Scan Analysis for PYGUSD
Based on our trend formula, PYGUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).