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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Sidelines Mode (+50) - EURPEN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURPEN can gain momentum.

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
4.0905 4.0905 4.0905 4.0905 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 4.0368

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 4.0328

short term up The short-term trend has been UP since Mar 28th, 2023 at 4.0328

Smart Scan Analysis for EURPEN

Based on our trend formula, EURPEN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0905 4.0905 4.0905 4.0905 0.0000
Prev. Close Volume Bid Ask Time
4.0905 2023-03-31 07:27:22
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