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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Peruvian Nuevo Sol/Mexican Peso (FOREX:PENMXN)
Long-Term Downtrend (-90) - PENMXN is in a strong downtrend that is likely to continue. While PENMXN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PENMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for PENMXN.
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 PENMXN
The long-term trend has been DOWN since Apr 14th, 2025 at 5.3443974
The intermediate-term trend has been DOWN since Apr 14th, 2025 at 5.3443974
The short-term trend has been DOWN since May 8th, 2025 at 5.3284789
Smart Scan Analysis for PENMXN
Based on our trend formula, PENMXN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.3147775 | 5.3268396 | 5.3123166 | 5.3236998 | +0.0089220 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.3147775 | 2025-05-09 07:13:05 |