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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Peruvian Nuevo Sol/US Dollar (FOREX:PENUSD)
Strong Downtrend (-100) - PENUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PENUSD continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 6th, 2024 at 0.26557146
The short-term trend has been DOWN since Nov 6th, 2024 at 0.26557146
Smart Scan Analysis for PENUSD
Based on our trend formula, PENUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26456565 | 0.26456565 | 0.26456565 | 0.26456565 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26273068 | 2024-11-12 07:25:07 |