Intercorp Financial (IFS) Gains in Peru’s EconomyIntercorp Financial Services Inc. (IFS) is a leading financial holding company in Peru, offering banking, insurance, and wealth management services through its subsidiaries Interbank, Interseguro, and Inteligo. Known for its wide range of products, IFS supports customer needs with personal loans, mortgages, life insurance, and investment solutions. The company’s growth is driven by Peru’s expanding middle class, rising consumer credit demand, and increasing financial inclusion across the country.
On the chart, we see a confirmation bar with rising volume, signaling strong buying interest. The price has moved into the momentum zone, breaking above the .236 Fibonacci level. Traders can use the Fibonacci snap tool to set a trailing stop just below the .236 level, allowing the position to stay protected while capturing further upside.
