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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

US Dollar/Paraguayan Guarani (FOREX:USDPYG)

Bull Market Weakness (+75) - USDPYG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDPYG as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDPYG
Open High Low USDPYG Price Change
6526.3617 6526.3617 6526.3617 6526.3617 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDPYG

long term up The long-term trend has been UP since Sep 1st, 2019 at 6285.7000

intermediate term up The intermediate-term trend has been UP since Feb 13th, 2020 at 6540.6603

short term down The short-term trend has been DOWN since Feb 19th, 2020 at 6531.0266

Smart Scan Analysis for USDPYG

Based on our trend formula, USDPYG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDPYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6526.3617 6526.3617 6526.3617 6526.3617 0.0000
Prev. Close Volume Bid Ask Time
6526.3617 6405.9149 6646.8084 2020-02-19 07:21:14
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