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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Canadian Dollar/Peruvian Nuevo Sol (FOREX:CADPEN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
2.5427 2.5526 2.5330 2.5507 +0.0080
Entry Signal

MarketClub’s Trade Triangles for CADPEN

long term down The long term trend has been DOWN since Nov 30th, 2017 at 2.51010

intermediate term down The intermediate term trend has been DOWN since Dec 13th, 2017 at 2.50670

short term up The short term trend has been UP since Dec 14th, 2017 at 2.52465

Smart Scan Analysis for CADPEN

Based on a pre-defined weighted trend formula for chart analysis, CADPEN scored -65 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
2.5427 2.5526 2.5330 2.5507 +0.0080
Prev. Close Volume Bid Ask Time
2.5427 2.5492 2.5522 2017-12-15 13:04:33
Want to analyze Canadian Dollar/Peruvian Nuevo Sol CADPEN or another symbol? Try our Free Forex Trend Analysis Report.