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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Peruvian Nuevo Sol/Brazilian Real (FOREX:PENBRL)

Long-Term Downtrend (-90) - PENBRL is in a strong downtrend that is likely to continue. While PENBRL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PENBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for PENBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PENBRL
Open High Low PENBRL Price Change
1.5413479 1.5423284 1.5403686 1.5423284 +0.0009800
Entry Signal

MarketClub’s Trade Triangles for PENBRL

long term down The long-term trend has been DOWN since Apr 3rd, 2025 at 1.5347927

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2025 at 1.5228106

short term down The short-term trend has been DOWN since May 8th, 2025 at 1.5440779

Smart Scan Analysis for PENBRL

Based on our trend formula, PENBRL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PENBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5413479 1.5423284 1.5403686 1.5423284 +0.0009800
Prev. Close Volume Bid Ask Time
1.5413479 2025-05-09 00:55:28
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