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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Bull Market Weakness (+75) - PENGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENGBP as it may be in the beginning stages of a reversal.

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
0.2158408 0.2158408 0.2158408 0.2158408 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term up The long-term trend has been UP since Nov 15th, 2021 at 0.18664182

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 0.21819488

short term up The short-term trend has been UP since Jun 29th, 2022 at 0.21743527

Smart Scan Analysis for PENGBP

Based on our trend formula, PENGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2158408 0.2158408 0.2158408 0.2158408 0.0000000
Prev. Close Volume Bid Ask Time
0.2158408 2022-07-02 00:12:26
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