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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Crossroads (+60) - PENGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.20699236 0.20715123 0.20647129 0.20652188 -0.00047000
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term down The long-term trend has been DOWN since Feb 27th, 2025 at 0.20318492

intermediate term up The intermediate-term trend has been UP since May 5th, 2025 at 0.20559231

short term up The short-term trend has been UP since May 8th, 2025 at 0.20665247

Smart Scan Analysis for PENGBP

Based on our trend formula, PENGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20699236 0.20715123 0.20647129 0.20652188 -0.00047000
Prev. Close Volume Bid Ask Time
0.20699236 2025-05-09 04:03:41
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