Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)

Strong Uptrend (+100) - PENCOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENCOP 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 PENCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for PENCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PENCOP
Open High Low PENCOP Price Change
1081.73 1081.73 1081.73 1081.73 0.00
Entry Signal

MarketClub’s Trade Triangles for PENCOP

long term up The long-term trend has been UP since Jun 13th, 2024 at 1059.9265

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2024 at 1080.7758

short term up The short-term trend has been UP since Jul 15th, 2024 at 1069.3572

Smart Scan Analysis for PENCOP

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

+100
Smart Scan Analysis for PENCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1081.73 1081.73 1081.73 1081.73 0.00
Prev. Close Volume Bid Ask Time
1081.73 2024-07-21 17:57:12
Get a free daily analysis and signals for Peruvian Nuevo Sol/Colombian Peso (PENCOP) - Request Your Free Report.