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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.
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MarketClub’s Trade Triangles for USDPYG
The long-term trend has been UP since Jul 7th, 2023 at 7268.958
The intermediate-term trend has been DOWN since Nov 12th, 2023 at 7434.189
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).
| 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 |