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Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
US Dollar/Paraguayan Guarani (FOREX:USDPYG)
Strong Downtrend (-100) - USDPYG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDPYG continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDPYG
The long-term trend has been DOWN since Mar 10th, 2023 at 7170.147
The intermediate-term trend has been DOWN since Feb 13th, 2023 at 7307.903
The short-term trend has been DOWN since Mar 3rd, 2023 at 7273.192
Smart Scan Analysis for USDPYG
Based on our trend formula, USDPYG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7110.06 | 7110.06 | 7110.06 | 7110.06 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7110.06 | 2023-03-18 03:55:53 |