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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Crossroads (-60) - EURPEN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
4.6017 4.6017 4.6017 4.6017 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term up The long-term trend has been UP since Apr 23rd, 2021 at 4.4585

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 4.8330

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 4.8378

Smart Scan Analysis for EURPEN

Based on our trend formula, EURPEN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6017 4.6017 4.6017 4.6017 0.0000
Prev. Close Volume Bid Ask Time
4.6252 2021-10-24 21:08:24
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