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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Peruvian Nuevo Sol (FOREX:EURPEN)
Bear Market Rally (-75) - EURPEN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURPEN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPEN.
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 EURPEN
The long-term trend has been DOWN since Jan 16th, 2024 at 4.0315
The intermediate-term trend has been UP since Apr 26th, 2024 at 4.0122
The short-term trend has been DOWN since May 9th, 2024 at 4.0106
Smart Scan Analysis for EURPEN
Based on our trend formula, EURPEN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.9967 | 3.9967 | 3.9967 | 3.9967 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9967 | 2024-05-09 07:26:27 |