Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Weak Downtrend (-65) - PENGBP is showing signs of a strengthening downtrend. Monitor PENGBP as it may be building momentum to the downside.

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
0.20663225 0.20907664 0.20661281 0.20874996 +0.00211800
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 down The intermediate-term trend has been DOWN since Apr 28th, 2024 at 0.21263558

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 0.20648167

Smart Scan Analysis for PENGBP

Based on our trend formula, PENGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20663225 0.20907664 0.20661281 0.20874996 +0.00211800
Prev. Close Volume Bid Ask Time
0.20663225 2024-06-14 12:25:50
Get a free daily analysis and signals for Peruvian Nuevo Sol/British Pound (PENGBP) - Request Your Free Report.