Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
South African Rand/Paraguayan Guarani (FOREX:ZARPYG)
Sidelines Mode (+50) - ZARPYG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARPYG can gain momentum.
Is it time to buy, sell, or avoid ZARPYG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPYG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARPYG
The long-term trend has been DOWN since Feb 27th, 2020 at 433.69144
The intermediate-term trend has been UP since Apr 29th, 2020 at 356.84433
The short-term trend has been UP since May 19th, 2020 at 358.83020
Smart Scan Analysis for ZARPYG
Based on our trend formula, ZARPYG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).