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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)
Crossroads (+60) - USDPEN 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 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 Mar 11th, 2024 at 3.6900000
The intermediate-term trend has been UP since Apr 18th, 2024 at 3.7364250
The short-term trend has been UP since Apr 12th, 2024 at 3.6912292
Smart Scan Analysis for USDPEN
Based on our trend formula, USDPEN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.746 | 3.746 | 3.746 | 3.746 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.746 | 2024-04-19 11:53:48 |