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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 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
0.20776807 0.20786098 0.20664212 0.20683629 -0.00093200
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term up The long-term trend has been UP since Apr 4th, 2024 at 0.21441678

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2024 at 0.20844822

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.20749714

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
0.20776807 0.20786098 0.20664212 0.20683629 -0.00093200
Prev. Close Volume Bid Ask Time
0.20776807 2024-07-26 19:52:03
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