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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)

Strong Uptrend (+100) - PENARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENARS 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 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.

FOREX_PENARS
Open High Low PENARS Price Change
25.340502 25.385096 25.043878 25.083093 -0.257409
Entry Signal

MarketClub’s Trade Triangles for PENARS

long term up The long-term trend has been UP since Oct 14th, 2021 at 24.904636

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2021 at 24.030230

short term up The short-term trend has been UP since Oct 8th, 2021 at 23.993368

Smart Scan Analysis for PENARS

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

+100
Smart Scan Analysis for PENARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.340502 25.385096 25.043878 25.083093 -0.257409
Prev. Close Volume Bid Ask Time
25.340502 2021-10-19 21:39:33
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