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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.
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MarketClub’s Trade Triangles for PENGBP
The long-term trend has been DOWN since Feb 27th, 2025 at 0.20318492
The intermediate-term trend has been UP since May 5th, 2025 at 0.20559231
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).
| 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 |