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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.
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MarketClub’s Trade Triangles for EURPEN
The long-term trend has been DOWN since Mar 3rd, 2023 at 4.0368
The intermediate-term trend has been UP since Mar 28th, 2023 at 4.0328
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).
| 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 |