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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

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
230.62421 230.98003 230.39946 230.56063 -0.06358
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 Feb 19th, 2024 at 219.075050

short term up The short-term trend has been UP since Mar 13th, 2024 at 230.035240

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
230.62421 230.98003 230.39946 230.56063 -0.06358
Prev. Close Volume Bid Ask Time
230.62421 2024-03-18 22:52:59
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