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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Peruvian Nuevo Sol (FOREX:GBPPEN)

Crossroads (-60) - GBPPEN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPPEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPPEN
Open High Low GBPPEN Price Change
4.8310962 4.8359146 4.8273911 4.8359146 +0.0048180
Entry Signal

MarketClub’s Trade Triangles for GBPPEN

long term up The long-term trend has been UP since Feb 27th, 2025 at 4.9217572

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2025 at 4.8642702

short term down The short-term trend has been DOWN since May 8th, 2025 at 4.8390421

Smart Scan Analysis for GBPPEN

Based on our trend formula, GBPPEN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8310962 4.8359146 4.8273911 4.8359146 +0.0048180
Prev. Close Volume Bid Ask Time
4.8310962 2025-05-09 03:11:25
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