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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Long-Term Uptrend (+90) - PENGBP is in a strong uptrend that is likely to continue. While PENGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid PENGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for PENGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PENGBP
Open High Low PENGBP Price Change
0.21662592 0.21792420 0.21662592 0.21792420 +0.00129800
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term up The long-term trend has been UP since Apr 4th, 2024 at 0.21441678

intermediate term up The intermediate-term trend has been UP since Apr 4th, 2024 at 0.21432458

short term up The short-term trend has been UP since Apr 12th, 2024 at 0.21706315

Smart Scan Analysis for PENGBP

Based on our trend formula, PENGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21662592 0.21792420 0.21662592 0.21792420 +0.00129800
Prev. Close Volume Bid Ask Time
0.21662592 2024-04-13 23:51:16
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