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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
0.21254708 0.21254708 0.21254708 0.21254708 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term down The long-term trend has been DOWN since Apr 23rd, 2021 at 0.22436292

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 0.20696753

short term up The short-term trend has been UP since Sep 21st, 2021 at 0.20676207

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
0.21254708 0.21254708 0.21254708 0.21254708 0.00000000
Prev. Close Volume Bid Ask Time
0.21696154 2021-10-12 21:08:34
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