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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Crossroads (-60) - USDPEN 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 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.

FOREX_USDPEN
Open High Low USDPEN Price Change
3.7769584 3.7769584 3.7769584 3.7769584 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term down The long-term trend has been DOWN since Jan 11th, 2022 at 3.9225

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2022 at 3.7775

short term up The short-term trend has been UP since Jun 27th, 2022 at 3.7325

Smart Scan Analysis for USDPEN

Based on our trend formula, USDPEN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7769584 3.7769584 3.7769584 3.7769584 0.0000000
Prev. Close Volume Bid Ask Time
3.7769584 2022-06-28 07:20:51
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