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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Weak Uptrend (+65) - PENGBP is showing signs of weakening momentum to the upside. Monitor 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
0.21448230 0.21449946 0.21269078 0.21327837 -0.00120400
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 down The short-term trend has been DOWN since Apr 24th, 2024 at 0.21641663

Smart Scan Analysis for PENGBP

Based on our trend formula, PENGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21448230 0.21449946 0.21269078 0.21327837 -0.00120400
Prev. Close Volume Bid Ask Time
0.21448230 2024-04-26 18:11:16
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