Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)
Countertrend Down (-85) - USDPEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 9th, 2024 at 3.7190000
The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 3.7812830
The short-term trend has been UP since Dec 18th, 2024 at 3.7313348
Smart Scan Analysis for USDPEN
Based on our trend formula, USDPEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.7345425 | 3.7345425 | 3.7345425 | 3.7345425 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
3.7178120 | 2024-12-23 07:25:14 |