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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 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
25.627965 25.647072 25.247543 25.279669 -0.348296
Entry Signal

MarketClub’s Trade Triangles for PENARS

long term up The long-term trend has been UP since Mar 26th, 2020 at 18.480307

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2021 at 24.843955

short term up The short-term trend has been UP since Apr 19th, 2021 at 25.595241

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
25.627965 25.647072 25.247543 25.279669 -0.348296
Prev. Close Volume Bid Ask Time
25.627965 2021-04-20 19:47:25
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