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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Paraguayan Guarani/US Dollar (FOREX:PYGUSD)

Long-Term Downtrend (-90) - PYGUSD is in a strong downtrend that is likely to continue. While PYGUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_PYGUSD
Open High Low PYGUSD Price Change
0.00013251 0.00013251 0.00013205 0.00013205 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PYGUSD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.00013533

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 0.00013249

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.00013253

Smart Scan Analysis for PYGUSD

Based on our trend formula, PYGUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PYGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00013251 0.00013251 0.00013205 0.00013205 0.00000000
Prev. Close Volume Bid Ask Time
0.00013237 2024-07-18 21:03:21
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