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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Peruvian Nuevo Sol/Euro (FOREX:PENEUR)

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

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

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

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

FOREX_PENEUR
Open High Low PENEUR Price Change
0.24889195 0.24889195 0.24889195 0.24889195 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term up The long-term trend has been UP since Jan 16th, 2024 at 0.24814435

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2024 at 0.24382869

short term up The short-term trend has been UP since Feb 20th, 2024 at 0.24304023

Smart Scan Analysis for PENEUR

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

+70
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24889195 0.24889195 0.24889195 0.24889195 0.00000000
Prev. Close Volume Bid Ask Time
0.24889195 2024-03-18 22:07:02
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