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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)
Long-Term Uptrend (+90) - PENARS is in a strong uptrend that is likely to continue. While PENARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for PENARS
The long-term trend has been UP since Dec 28th, 2021 at 25.657571
The intermediate-term trend has been UP since Nov 7th, 2024 at 264.333240
The short-term trend has been UP since Dec 20th, 2024 at 274.415580
Smart Scan Analysis for PENARS
Based on our trend formula, PENARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 274.87969 | 275.84985 | 274.71840 | 275.62202 | +0.74233 |
| Prev. Close | Volume | Bid | Ask | Time |
| 275.53059 | 2024-12-24 16:53:41 |