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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.

FOREX_USDPYG
Open High Low USDPYG Price Change
6910.827 6910.827 6910.827 6910.827 0.000
Entry Signal

MarketClub’s Trade Triangles for USDPYG

long term up The long-term trend has been UP since Jun 23rd, 2021 at 6785.300

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 6907.094

short term up 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).

+80
Smart Scan Analysis for USDPYG
Strong Downtrend Sideways 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
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