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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

US Dollar/Paraguayan Guarani (FOREX:USDPYG)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDPYG
Open High Low USDPYG Price Change
6531.4786 6531.4786 6531.4786 6531.4786 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDPYG

long term up The long term trend has been UP since Sep 1st, 2019 at 6285.7000

intermediate term up The intermediate term trend has been UP since Feb 13th, 2020 at 6540.6603

short term up The short term trend has been UP since Feb 13th, 2020 at 6516.3850

Smart Scan Analysis for USDPYG

Based on a pre-defined weighted trend formula for chart analysis, USDPYG scored +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
6531.4786 6531.4786 6531.4786 6531.4786 0.0000
Prev. Close Volume Bid Ask Time
6531.4786 6411.5164 6651.4407 2020-02-14 07:18:49
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