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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Sidelines Mode (+55) - PENGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.21474035 0.21488318 0.21474035 0.21488318 +0.00014300
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term up The long-term trend has been UP since Dec 2nd, 2024 at 0.21197677

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2025 at 0.21370033

short term up The short-term trend has been UP since Feb 19th, 2025 at 0.21547440

Smart Scan Analysis for PENGBP

Based on our trend formula, PENGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21474035 0.21488318 0.21474035 0.21488318 +0.00014300
Prev. Close Volume Bid Ask Time
0.21474035 2025-02-22 03:07:19
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