Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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 Jun 23rd, 2021 at 0.00014742
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.00014482
The short-term trend has been DOWN since Oct 4th, 2021 at 0.00014514
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).