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Forex Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

British Pound/Paraguayan Guarani (FOREX:GBPPYG)

Strong Downtrend (-100) - GBPPYG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_GBPPYG
Open High Low GBPPYG Price Change
9030.736 9030.736 9030.736 9030.736 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPPYG

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 9308.697

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2021 at 9478.670

short term down The short-term trend has been DOWN since Nov 8th, 2021 at 9478.670

Smart Scan Analysis for GBPPYG

Based on our trend formula, GBPPYG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9030.736 9030.736 9030.736 9030.736 0.000
Prev. Close Volume Bid Ask Time
9030.736 2021-12-07 07:25:44
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