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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)
Strong Downtrend (-100) - USDPEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDPEN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPEN.
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 USDPEN
The long-term trend has been DOWN since Dec 9th, 2024 at 3.7190000
The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 3.7812830
The short-term trend has been DOWN since Dec 2nd, 2024 at 3.7881586
Smart Scan Analysis for USDPEN
Based on our trend formula, USDPEN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7187571 | 3.7187571 | 3.7180000 | 3.7180000 | -0.0007570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7187571 | 2024-12-09 10:31:41 |