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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

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.

FOREX_EURPEN
Open High Low EURPEN Price Change
3.82085 3.82085 3.81315 3.81315 -0.00770
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term up The long term trend has been UP since Sep 11th, 2018 at 3.87635

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 3.81695

short term down The short term trend has been DOWN since Oct 17th, 2018 at 3.84400

Smart Scan Analysis for EURPEN

Based on a pre-defined weighted trend formula for chart analysis, EURPEN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.82085 3.82085 3.81315 3.81315 -0.00770
Prev. Close Volume Bid Ask Time
3.82085 3.81210 3.81420 2018-10-19 04:53:58
Want to analyze Euro/Peruvian Nuevo Sol EURPEN or another symbol? Try our Free Forex Trend Analysis Report.