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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

US Dollar/Paraguayan Guarani (FOREX:USDPYG)

Weak Downtrend (-65) - USDPYG is showing signs of a strengthening downtrend. Monitor USDPYG as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDPYG?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDPYG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDPYG
Open High Low USDPYG Price Change
7357.869 7357.869 7357.869 7357.869 0.000
Entry Signal

MarketClub’s Trade Triangles for USDPYG

long term up The long-term trend has been UP since Jul 7th, 2023 at 7268.958

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2023 at 7434.189

short term down The short-term trend has been DOWN since Nov 12th, 2023 at 7434.189

Smart Scan Analysis for USDPYG

Based on our trend formula, USDPYG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7357.869 7357.869 7357.869 7357.869 0.000
Prev. Close Volume Bid Ask Time
7357.869 2023-12-09 00:32:25
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