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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Strong Uptrend (+100) - PENGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENGBP 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 PENGBP?

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

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

FOREX_PENGBP
Open High Low PENGBP Price Change
0.21368497 0.21456042 0.21368497 0.21456042 +0.00087500
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term up The long-term trend has been UP since Dec 2nd, 2024 at 0.21197677

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 0.20272542

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.21450500

Smart Scan Analysis for PENGBP

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

+100
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21368497 0.21456042 0.21368497 0.21456042 +0.00087500
Prev. Close Volume Bid Ask Time
0.21368497 2024-12-21 08:23:24
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