Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)
Bull Market Weakness (+75) - USDPEN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDPEN as it may be in the beginning stages of a reversal.
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 UP since Jun 11th, 2024 at 3.7780000
The intermediate-term trend has been UP since Nov 4th, 2024 at 3.7705000
The short-term trend has been UP since Nov 4th, 2024 at 3.7664455
Smart Scan Analysis for USDPEN
Based on our trend formula, USDPEN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.795 | 3.795 | 3.795 | 3.795 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.795 | 2024-11-19 11:27:41 |