Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Peruvian Nuevo Sol (FOREX:EURPEN)
Strong Uptrend (+100) - EURPEN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURPEN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
MarketClub’s Trade Triangles for EURPEN
The long-term trend has been UP since Mar 4th, 2020 at 3.7566
The intermediate-term trend has been UP since Jan 26th, 2021 at 4.4125
The short-term trend has been UP since Feb 22nd, 2021 at 4.4074
Smart Scan Analysis for EURPEN
Based on our trend formula, EURPEN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).