Explore short-term MMK to PEN forecast for today, tomorrow, this week, and next week as well as long-term Myanma Kyat vs Peruvian Nuevo Sol prediction for 2024, 2025 to 2030 and beyond
5-Day Prediction
PEN 0.001809
1-Month Prediction
PEN 0.001836
3-Month Prediction
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6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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| Current Rate | PEN 0.001815 |
|---|---|
| Forecast | PEN 0.001809 |
| Green Days | 16/30 (53.33%) |
| Sentiment | Neutral |
| Volatility | 0.78% |
| 50-Day SMA | PEN 0.001789 |
| 200-Day SMA | PEN 0.001788 |
| 14-Day RSI | 63.09 |
The MMK to PEN exchange rate is forecasted to decrease by
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsem*nt, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
MMK to PEN Forecast for Today
The MMK to PEN forecast for today is currently predicting the MMK/PEN exchange rate to rise to PEN 0.001816 in the next 24 hours, representing a
MMK to PEN Forecast for Tomorrow
The MMK to PEN forecast for tomorrow is currently predicting the MMK/PEN exchange rate to drop to PEN 0.001813 in the next 24 hours, representing a
MMK to PEN Forecast for This Week
At this moment, the prediction is that the MMK to PEN rate could reach PEN 0.001809 at the end of the week, falling down by
MMK to PEN Forecast for Next Week
Today's MMK to PEN forecast for next week suggests the MMK to PEN rate might fall to PEN 0.001805 in the next 7 days, a
MMK to PEN for Next 10 Days
The MMK/PEN forecast for the next 10 days hints that the MMK to PEN rate could go up to PEN 0.001804 in the next 10 days, showing a
Long-Term Myanma Kyat to Peruvian Nuevo Sol forecast for 2024, 2025 and beyond
Here are the current predictions for the Myanma Kyat to Peruvian Nuevo Sol exchange rate for longer time frames.
| Year | Yearly Low | Yearly High |
|---|---|---|
| 2024 | PEN 0.0018 | PEN 0.001953 |
| 2025 | PEN 0.001771 | PEN 0.002151 |
| 2026 | PEN 0.002027 | PEN 0.002543 |
| 2027 | PEN 0.002198 | PEN 0.002748 |
| 2028 | PEN 0.001941 | PEN 0.002588 |
| 2029 | PEN 0.001668 | PEN 0.002061 |
| 2030 | PEN 0.001618 | PEN 0.001774 |
MMK to PEN for the next 6 months
The MMK to PEN forecast for the next 6 months is that the MMK to PEN rate will increase by
MMK to PEN Forecast for the next 1 year
The MMK to PEN forecast for the next 1 year suggests that the MMK to PEN exchange rate will see a
MMK to PEN Forecast for the next 5 years
The MMK to PEN forecast for the next 5 year indicates that the MMK/PEN exchange rate will be PEN 0.001748 5 years from now. This would be a
MMK to PEN Forecast for Tomorrow, This Week, and Next Week
Here are the MMK to PEN rate forecasts for shorter timeframes.
| Date | Daily High | Daily Low |
|---|---|---|
| Jun 25, 2024 | PEN 0.001816 | PEN 0.001816 |
| Jun 26, 2024 | PEN 0.001817 | PEN 0.001813 |
| Jun 27, 2024 | PEN 0.001812 | PEN 0.001808 |
| Jun 28, 2024 | PEN 0.001808 | PEN 0.001808 |
| Jun 29, 2024 | PEN 0.001809 | PEN 0.001808 |
| Jun 30, 2024 | PEN 0.001809 | PEN 0.001809 |
| Jul 01, 2024 | PEN 0.001806 | PEN 0.001805 |
| Jul 02, 2024 | PEN 0.001805 | PEN 0.001805 |
| Jul 03, 2024 | PEN 0.001805 | PEN 0.001803 |
| Jul 04, 2024 | PEN 0.001802 | PEN 0.0018 |
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MMK to PEN Sentiment and Technical Analysis
Currently, the sentiment in the MMK/PEN market is estimated as bullish. The 14-day RSI reading is 63.09, suggesting neutral conditions. In the last 30 days, the volatility of the MMK to MMK has been 0.78%.
The current MMK to PEN exchange rate is above the 50-day SMA, which is currently sitting at PEN 0.001789. The current rate is above the 200-day simple moving average, which is positioned at PEN 0.001788.
MMK to PEN Forecast FAQ
Is Peruvian Nuevo Sol expected to rise against the Peruvian Nuevo Sol?
Today, Peruvian Nuevo Sol is expected to rise against the Myanma Kyat, as the forecast expects the MMK/PEN exchange rate to move to PEN 0.001816 from the current rate of PEN 0.001815. In the next 7 days, Peruvian Nuevo Sol is predicted to increase compared to the Myanma Kyat by PEN 0.001805.
Is MMK to PEN a buy or sell?
MMK/PEN is currently a sell as the exchange rate is forecasted to decrease by
Will Peruvian Nuevo Sol get stronger against Myanma Kyat in 2024?
Peruvian Nuevo Sol is expected to rise by
What is the Peruvian Nuevo Sol to Myanma Kyat forecast for 2025?
The Peruvian Nuevo Sol to Myanma Kyat forecast for 2025 is currently PEN 0.002097. This would represent a
What is the forecast for MMK to PEN in 2030?
The forecast for PEN to MMK in 2030 is that the exchange rate will be PEN 0.001685 6 years from now. This would be
How to read and forecast MMK to PEN price movements?
Forex traders use a variety of tools to make predictions on which way the market is likely to head next. The two main tools that forex traders use are technical analysis and fundamental analysis.
Technical analysis involves analyzing indicators, chart patterns, and support and resistance levels. Meanwhile, fundamental analysis involves analyzing macroeconomic and political events that have an influence on forex markets.
Forex technical indicators
Moving averages are among the most popular forex prediction tools. As the name suggests, a moving average provides the average closing price for a forex pair over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average is a sum of the closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
5-day, 10-day and 20-day moving averages are among the most commonly used indicators in the market to identify important resistance and support levels from a short term perspective. Meanwhile, the 50-day, 100-day and 200-day moving averages are often used to identify long-term support and resistance levels.
If the pair’s price moves above any of these averages, it is generally seen as a bullish sign for stock. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the exchange rate.
Another way of analyzing forex prices is through candlestick chart analysis. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
How to read stock charts and forecast price movements?
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
Forex fundamental indicators
Macroeconomical and political events play an important role in the forex markets, as they can have a significant influence on exchange rates. In order to be successful in the forex market, traders need to have a solid understanding of the bond market, balance of trade between nations, the political landscape, a nation’s economic health, purchasing power and other key concepts.
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsem*nt or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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