Abstract: The continuous wavelet transform is adapted to account for signal truncation through renormalization and by modifying the shape of the analyzing window. Comparison is made of the instant, integrated, and mean wavelet power with previous algorithms. The edge adapted and renormalized admissible wavelet transforms are used to estimate the level of solar magnetic activity from the sunspot record. The solar activity is compared to Oerlemans’ temperature reconstruction and to the Central England Temperature record. A correlation is seen for years between 1610 and 1990, followed by a strong deviation as the recently observed temperature increases.