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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Canadian Dollar/Peruvian Nuevo Sol (FOREX:CADPEN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low CADPEN Price Change
2.55450 2.55975 2.53605 2.53945 -0.01505
Entry Signal

MarketClub’s Trade Triangles for CADPEN

long term up The long term trend has been UP since Sep 12th, 2018 at 2.55275

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 2.51285

short term down The short term trend has been DOWN since Oct 18th, 2018 at 2.55835

Smart Scan Analysis for CADPEN

Based on a pre-defined weighted trend formula for chart analysis, CADPEN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.55450 2.55975 2.53605 2.53945 -0.01505
Prev. Close Volume Bid Ask Time
2.55450 2.53800 2.54090 2018-10-19 14:43:09
Want to analyze Canadian Dollar/Peruvian Nuevo Sol CADPEN or another symbol? Try our Free Forex Trend Analysis Report.