Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

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

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

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

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

FOREX_PENCLP
Open High Low PENCLP Price Change
265.02606 265.02606 263.70958 263.70958 -1.31648
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term up The long-term trend has been UP since Jan 10th, 2024 at 245.62181

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2023 at 235.56041

short term up The short-term trend has been UP since Mar 28th, 2024 at 258.81347

Smart Scan Analysis for PENCLP

Based on our trend formula, PENCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
265.02606 265.02606 263.70958 263.70958 -1.31648
Prev. Close Volume Bid Ask Time
265.02606 2024-03-29 08:19:02
Get a free daily analysis and signals for Peruvian Nuevo Sol/Chilean Peso (PENCLP) - Request Your Free Report.