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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)
Strong Downtrend (-100) - USDPEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDPEN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPEN.
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 USDPEN
The long-term trend has been DOWN since Dec 21st, 2022 at 3.81600
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 3.82275
The short-term trend has been DOWN since Mar 28th, 2023 at 3.78150
Smart Scan Analysis for USDPEN
Based on our trend formula, USDPEN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7645000 | 3.7671223 | 3.7645000 | 3.7671223 | +0.0026220 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7656191 | 2023-03-28 13:21:43 |