Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Euro/Paraguayan Guarani (FOREX:EURPYG)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for EURPYG
The long term trend has been UP since Aug 30th, 2018 at 6734.9
The intermediate term trend has been UP since Mar 21st, 2019 at 6970.0
The short term trend has been UP since Mar 17th, 2019 at 6895.1
Smart Scan Analysis for EURPYG
Based on a pre-defined weighted trend formula for chart analysis, EURPYG scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).