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Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
US Dollar/Paraguayan Guarani (FOREX:USDPYG)
Countertrend Up (+85) - USDPYG 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 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 UP since Jun 23rd, 2021 at 6785.300
The intermediate-term trend has been UP since Oct 11th, 2021 at 6907.094
The short-term trend has been UP since Oct 4th, 2021 at 6891.610
Smart Scan Analysis for USDPYG
Based on our trend formula, USDPYG is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6910.827 | 6910.827 | 6910.827 | 6910.827 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6910.827 | 2021-10-23 17:27:52 |