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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Weak Downtrend (-65) - EURPEN is showing signs of a strengthening downtrend. Monitor EURPEN as it may be building momentum to the downside.

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
4.0781 4.0781 4.0781 4.0781 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term up The long-term trend has been UP since Jun 20th, 2024 at 4.0950

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

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

Smart Scan Analysis for EURPEN

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

-70
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0781 4.0781 4.0781 4.0781 0.0000
Prev. Close Volume Bid Ask Time
4.0539 2024-10-22 07:25:24
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