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Forex Trend Analysis Report
Prepared for you on Saturday, December 14, 2024.
Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)
Bull Market Weakness (+75) - PENARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENARS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PENARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for PENARS.
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 PENARS
The long-term trend has been UP since Dec 16th, 2021 at 25.173297
The intermediate-term trend has been UP since Nov 7th, 2024 at 264.333240
The short-term trend has been DOWN since Dec 13th, 2024 at 272.055860
Smart Scan Analysis for PENARS
Based on our trend formula, PENARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 272.72209 | 272.72209 | 272.72209 | 272.72209 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 272.72209 | 2024-12-14 01:37:52 |