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Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)

Bull Market Weakness (+75) - PENARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENARS as it may be in the beginning stages of a reversal.

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

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

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

FOREX_PENARS
Open High Low PENARS Price Change
18.512564 18.894979 18.410178 18.854181 +0.341617
Entry Signal

MarketClub’s Trade Triangles for PENARS

long term up The long-term trend has been UP since Mar 26th, 2020 at 18.480307

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2020 at 18.480307

short term down The short-term trend has been DOWN since Apr 3rd, 2020 at 18.487833

Smart Scan Analysis for PENARS

Based on our trend formula, PENARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PENARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.512564 18.894979 18.410178 18.854181 +0.341617
Prev. Close Volume Bid Ask Time
18.512564 18.852970 18.855391 2020-04-03 17:10:35
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