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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2025.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Countertrend Down (-85) - EURPEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_EURPEN
Open High Low EURPEN Price Change
3.8892 3.8892 3.8892 3.8892 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 4.0507

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 4.1773

short term up The short-term trend has been UP since Feb 14th, 2025 at 3.8584

Smart Scan Analysis for EURPEN

Based on our trend formula, EURPEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8892 3.8892 3.8892 3.8892 0.0000
Prev. Close Volume Bid Ask Time
3.8776 2025-02-16 21:00:04
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