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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.

FOREX_USDPYG
Open High Low USDPYG Price Change
7110.06 7110.06 7110.06 7110.06 0.00
Entry Signal

MarketClub’s Trade Triangles for USDPYG

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 7170.147

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2023 at 7307.903

short term down 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).

-100
Smart Scan Analysis for USDPYG
Strong Downtrend Sideways 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
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