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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)
Sidelines Mode (-50) - PENGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PENGBP can gain momentum.
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.
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MarketClub’s Trade Triangles for PENGBP
The long-term trend has been UP since Dec 2nd, 2024 at 0.21197677
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.20895136
The short-term trend has been DOWN since Dec 25th, 2024 at 0.21349898
Smart Scan Analysis for PENGBP
Based on our trend formula, PENGBP is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21450335 | 0.21515451 | 0.21436232 | 0.21458207 | +0.00007900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21450335 | 2024-12-26 13:42:55 |