Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, January 24, 2025.

Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)

Strong Uptrend (+100) - PENARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENARS 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 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
282.72249 284.54234 281.40776 281.94507 -0.77742
Entry Signal

MarketClub’s Trade Triangles for PENARS

long term up The long-term trend has been UP since Feb 4th, 2022 at 27.729778

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 264.333240

short term up The short-term trend has been UP since Jan 10th, 2025 at 275.341770

Smart Scan Analysis for PENARS

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

+100
Smart Scan Analysis for PENARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
282.72249 284.54234 281.40776 281.94507 -0.77742
Prev. Close Volume Bid Ask Time
282.72249 2025-01-24 17:04:41
Get a free daily analysis and signals for Peruvian Nuevo Sol/Argentine Peso (PENARS) - Request Your Free Report.