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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Peruvian Nuevo Sol/Euro (FOREX:PENEUR)

Sidelines Mode (+55) - PENEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.25000621 0.25000621 0.25000621 0.25000621 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term up The long-term trend has been UP since Jan 16th, 2024 at 0.24814435

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2024 at 0.24382869

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.25182644

Smart Scan Analysis for PENEUR

Based on our trend formula, PENEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25000621 0.25000621 0.25000621 0.25000621 0.00000000
Prev. Close Volume Bid Ask Time
0.25000621 2024-04-25 21:00:50
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