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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Peruvian Nuevo Sol/Euro (FOREX:PENEUR)

Crossroads (+60) - PENEUR is struggling to move into a solid trend. Beware of choppy markets 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
0.24515623 0.24515623 0.24515623 0.24515623 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term down The long-term trend has been DOWN since Jun 20th, 2024 at 0.24429348

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 0.24537287

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.24568647

Smart Scan Analysis for PENEUR

Based on our trend formula, PENEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24515623 0.24515623 0.24515623 0.24515623 0.00000000
Prev. Close Volume Bid Ask Time
0.24515623 2024-07-26 07:26:05
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