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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 EURPEN Price Change
3.84450 3.85560 3.83870 3.83935 -0.00515
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 up The intermediate term trend has been UP since Nov 7th, 2018 at 3.87435

short term down The short term trend has been DOWN since Dec 5th, 2018 at 3.82590

Smart Scan Analysis for EURPEN

Based on a pre-defined weighted trend formula for chart analysis, EURPEN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.84450 3.85560 3.83870 3.83935 -0.00515
Prev. Close Volume Bid Ask Time
3.84450 3.83830 3.84040 2018-12-10 12:59:39
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