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Forex Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

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
27.417071 27.417071 27.089744 27.243865 -0.173206
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 Dec 16th, 2021 at 25.194537

short term up The short-term trend has been UP since Jan 5th, 2022 at 25.955566

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
27.417071 27.417071 27.089744 27.243865 -0.173206
Prev. Close Volume Bid Ask Time
27.417071 2022-01-25 15:57:16
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