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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Peruvian Nuevo Sol/US Dollar (FOREX:PENUSD)
Sidelines Mode (-55) - PENUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for PENUSD
The long-term trend has been DOWN since Jun 11th, 2024 at 0.26508745
The intermediate-term trend has been UP since Jul 14th, 2024 at 0.26493553
The short-term trend has been DOWN since Jul 18th, 2024 at 0.26841725
Smart Scan Analysis for PENUSD
Based on our trend formula, PENUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2661747 | 0.2661747 | 0.2661747 | 0.2661747 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2661747 | 2024-07-26 07:26:05 |