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Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

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
6561.4968 6561.4968 6561.4968 6561.4968 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 Mar 9th, 2020 at 6531.0266

short term up The short-term trend has been UP since Mar 9th, 2020 at 6516.5058

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
6561.4968 6561.4968 6561.4968 6561.4968 0.0000
Prev. Close Volume Bid Ask Time
6561.4968 6442.4367 6680.5570 2020-04-02 07:19:23
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