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Forex Trend Analysis Report

Prepared for you on Saturday, February 8, 2025.

Peruvian Nuevo Sol/US Dollar (FOREX:PENUSD)

Bull Market Weakness (+75) - PENUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENUSD as it may be in the beginning stages of a reversal.

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.

FOREX_PENUSD
Open High Low PENUSD Price Change
0.26798531 0.26798531 0.26798531 0.26798531 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENUSD

long term up The long-term trend has been UP since Dec 9th, 2024 at 0.26840548

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2025 at 0.26570741

short term up The short-term trend has been UP since Feb 4th, 2025 at 0.26914260

Smart Scan Analysis for PENUSD

Based on our trend formula, PENUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PENUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26798531 0.26798531 0.26798531 0.26798531 0.00000000
Prev. Close Volume Bid Ask Time
0.26798531 2025-02-08 10:15:32
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