Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)
Bear Market Rally (-75) - USDPEN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDPEN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPEN.
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 USDPEN
The long-term trend has been DOWN since Mar 11th, 2024 at 3.690000
The intermediate-term trend has been UP since Apr 18th, 2024 at 3.736425
The short-term trend has been DOWN since Apr 21st, 2024 at 3.728500
Smart Scan Analysis for USDPEN
Based on our trend formula, USDPEN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.6953261 | 3.6953261 | 3.6953261 | 3.6953261 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
3.6953261 | 2024-04-23 07:26:24 |