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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Dollar/Peruvian Nuevo Sol (FOREX:CADPEN)
Bear Market Rally (-75) - CADPEN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADPEN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CADPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADPEN.
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 CADPEN
The long-term trend has been DOWN since Mar 13th, 2024 at 2.7413355
The intermediate-term trend has been UP since Apr 26th, 2024 at 2.7475438
The short-term trend has been DOWN since May 1st, 2024 at 2.7388805
Smart Scan Analysis for CADPEN
Based on our trend formula, CADPEN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7132141 | 2.7132141 | 2.7132141 | 2.7132141 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7132141 | 2024-05-09 07:26:27 |