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Forex Trend Analysis Report
Prepared for you on Sunday, September 15, 2024.
British Pound/Paraguayan Guarani (FOREX:GBPPYG)
Countertrend Up (+85) - GBPPYG 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 GBPPYG?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPYG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPPYG
The long-term trend has been UP since Jun 9th, 2023 at 9068.986
The intermediate-term trend has been UP since Aug 20th, 2024 at 9764.685
The short-term trend has been UP since Aug 13th, 2024 at 9655.120
Smart Scan Analysis for GBPPYG
Based on our trend formula, GBPPYG is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10191.136 | 10205.025 | 10191.136 | 10191.136 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10191.136 | 2024-09-14 08:41:43 |