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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Paraguayan Guarani/US Dollar (FOREX:PYGUSD)

Sidelines Mode (+55) - PYGUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PYGUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PYGUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PYGUSD
Open High Low PYGUSD Price Change
0.00014742 0.00014742 0.00014742 0.00014742 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PYGUSD

long term up The long-term trend has been UP since Dec 17th, 2020 at 0.00014335

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 0.00014586

short term down The short-term trend has been DOWN since Apr 16th, 2021 at 0.00015656

Smart Scan Analysis for PYGUSD

Based on our trend formula, PYGUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PYGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00014742 0.00014742 0.00014742 0.00014742 0.00000000
Prev. Close Volume Bid Ask Time
0.00014742 2021-05-07 07:24:29
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