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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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
24.421656 24.547444 24.336900 24.478445 +0.056789
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 Jul 10th, 2020 at 20.193638

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 24.471475

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
24.421656 24.547444 24.336900 24.478445 +0.056789
Prev. Close Volume Bid Ask Time
24.421656 2021-03-05 17:01:01
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