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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.

FOREX_PENEUR
Open High Low PENEUR Price Change
0.26254848 0.26254848 0.26254848 0.26254848 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 0.26631894

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 0.27026507

short term down 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).

-100
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26254848 0.26254848 0.26254848 0.26254848 0.00000000
Prev. Close Volume Bid Ask Time
0.26254848 0.25703637 0.26806058 2020-06-01 07:17:49
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