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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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.

FOREX_PENEUR
Open High Low PENEUR Price Change
0.25789479 0.25789479 0.25789479 0.25789479 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term up The long-term trend has been UP since Nov 6th, 2024 at 0.24696724

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.23947691

short term up 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).

+80
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25789479 0.25789479 0.25789479 0.25789479 0.00000000
Prev. Close Volume Bid Ask Time
0.25845493 2024-12-23 07:25:14
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