Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Peruvian Nuevo Sol/Euro (FOREX:PENEUR)
Strong Downtrend (-100) - PENEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PENEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PENEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PENEUR
The long-term trend has been DOWN since Mar 4th, 2020 at 0.26631894
The intermediate-term trend has been DOWN since May 12th, 2020 at 0.27026507
The short-term trend has been DOWN since May 26th, 2020 at 0.26655331
Smart Scan Analysis for PENEUR
Based on our trend formula, PENEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).