Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Peruvian Nuevo Sol/Euro (FOREX:PENEUR)
Strong Downtrend (-100) - PENEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for PENEUR
The long-term trend has been DOWN since Mar 4th, 2020 at 0.26631894
The intermediate-term trend has been DOWN since Jan 26th, 2021 at 0.22670341
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.22696592
Smart Scan Analysis for PENEUR
Based on our trend formula, PENEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).