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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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 16th, 2021 at 25.231893
The intermediate-term trend has been UP since Nov 7th, 2024 at 264.333240
The short-term trend has been UP since Nov 19th, 2024 at 264.302580
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 |
|---|---|---|---|---|
| 264.73285 | 264.77786 | 264.05808 | 264.23803 | -0.49482 |
| Prev. Close | Volume | Bid | Ask | Time |
| 264.73285 | 2024-11-20 03:41:19 |