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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Peruvian Nuevo Sol/Brazilian Real (FOREX:PENBRL)
Strong Uptrend (+100) - PENBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENBRL 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 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.
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MarketClub’s Trade Triangles for PENBRL
The long-term trend has been UP since Mar 8th, 2024 at 1.3365075
The intermediate-term trend has been UP since Oct 9th, 2024 at 1.4892395
The short-term trend has been UP since Dec 24th, 2024 at 1.6642062
Smart Scan Analysis for PENBRL
Based on our trend formula, PENBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8104067 | 1.8129476 | 1.8091389 | 1.8116763 | +0.0012700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8104067 | 2024-12-26 06:27:59 |