Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Peruvian Nuevo Sol/US Dollar (FOREX:PENUSD)
Crossroads (-60) - PENUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PENUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PENUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for PENUSD
The long-term trend has been UP since Mar 18th, 2024 at 0.27110121
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.26842231
The short-term trend has been DOWN since Apr 14th, 2024 at 0.27102022
Smart Scan Analysis for PENUSD
Based on our trend formula, PENUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.2707236 | 0.2707236 | 0.2707236 | 0.2707236 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.2707236 | 2024-04-23 07:26:24 |