Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Strong Uptrend (+100) - USDPEN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDPEN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
3.7743775 3.7790000 3.7561386 3.7561386 -0.0182390
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term up The long-term trend has been UP since Jun 11th, 2024 at 3.778000

intermediate term up The intermediate-term trend has been UP since May 31st, 2024 at 3.746721

short term up The short-term trend has been UP since Jun 11th, 2024 at 3.751500

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).

+100
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7743775 3.7790000 3.7561386 3.7561386 -0.0182390
Prev. Close Volume Bid Ask Time
3.7741250 2024-06-12 21:02:25
Get a free daily analysis and signals for US Dollar/Peruvian Nuevo Sol (USDPEN) - Request Your Free Report.