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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Peruvian Nuevo Sol (FOREX:EURPEN)
Long-Term Downtrend (-90) - EURPEN is in a strong downtrend that is likely to continue. While EURPEN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for EURPEN
The long-term trend has been DOWN since Jan 16th, 2024 at 4.0315
The intermediate-term trend has been DOWN since Mar 3rd, 2024 at 4.1028
The short-term trend has been DOWN since Apr 14th, 2024 at 3.9872
Smart Scan Analysis for EURPEN
Based on our trend formula, EURPEN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.002 | 4.002 | 4.002 | 4.002 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.002 | 2024-04-18 07:26:27 |