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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Sidelines Mode (+55) - EURPEN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURPEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURPEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURPEN
Open High Low EURPEN Price Change
4.0756 4.0756 4.0756 4.0756 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term up The long-term trend has been UP since Jun 20th, 2024 at 4.0950

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 4.0770

short term up The short-term trend has been UP since Jul 18th, 2024 at 4.0667

Smart Scan Analysis for EURPEN

Based on our trend formula, EURPEN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0756 4.0756 4.0756 4.0756 0.0000
Prev. Close Volume Bid Ask Time
4.0756 2024-07-21 17:57:12
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