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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Peruvian Nuevo Sol/Euro (FOREX:PENEUR)
Countertrend Up (+85) - PENEUR 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 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.
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MarketClub’s Trade Triangles for PENEUR
The long-term trend has been UP since Nov 6th, 2024 at 0.24696724
The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.23947691
The short-term trend has been UP since Oct 2nd, 2024 at 0.23947691
Smart Scan Analysis for PENEUR
Based on our trend formula, PENEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2492892 | 0.2492892 | 0.2492892 | 0.2492892 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2491401 | 2024-11-12 07:25:07 |