Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Peruvian Nuevo Sol/Euro (FOREX:PENEUR)
Bull Market Weakness (+75) - PENEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
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 UP since Jan 26th, 2020 at 0.27262000
The intermediate-term trend has been DOWN since Jan 31st, 2020 at 0.26926036
The short-term trend has been UP since Feb 5th, 2020 at 0.26917335
Smart Scan Analysis for PENEUR
Based on our trend formula, PENEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).