Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

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.

Open	High	Low	PENARS Price	Change
54.692608	54.748500	54.474186	54.507071	-0.185537
Entry Signal

MarketClub’s Trade Triangles for PENARS

The long-term trend has been UP since Oct 14th, 2021 at 24.904636

The intermediate-term trend has been UP since Jul 19th, 2022 at 33.341552

The short-term trend has been DOWN since Mar 24th, 2023 at 53.949707

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
54.692608	54.748500	54.474186	54.507071	-0.185537
Prev. Close	Volume	Bid	Ask	Time
54.692608				2023-03-27 09:14:02

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