Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)
Countertrend Up (+85) - PENCOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for PENCOP
The long-term trend has been UP since Jun 13th, 2024 at 1059.9265
The intermediate-term trend has been UP since Sep 4th, 2024 at 1089.9654
The short-term trend has been UP since Oct 2nd, 2024 at 1115.6953
Smart Scan Analysis for PENCOP
Based on our trend formula, PENCOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1136.8981 | 1136.8981 | 1136.8981 | 1136.8981 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1135.1765 | 2024-10-22 07:25:24 |