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Forex Trend Analysis Report

Prepared for you on Sunday, May 11, 2025.

Peruvian Nuevo Sol/Mexican Peso (FOREX:PENMXN)

Bear Market Rally (-75) - PENMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PENMXN as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid PENMXN?

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

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

FOREX_PENMXN
Open High Low PENMXN Price Change
5.3147775 5.3866996 5.3123166 5.3542442 +0.0394670
Entry Signal

MarketClub’s Trade Triangles for PENMXN

long term down The long-term trend has been DOWN since Apr 14th, 2025 at 5.3443974

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2025 at 5.3443974

short term down The short-term trend has been DOWN since May 8th, 2025 at 5.3284789

Smart Scan Analysis for PENMXN

Based on our trend formula, PENMXN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for PENMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.3147775 5.3866996 5.3123166 5.3542442 +0.0394670
Prev. Close Volume Bid Ask Time
5.3542931 2025-05-09 17:04:45
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