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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_EURPEN
Open High Low EURPEN Price Change
3.80865 3.81660 3.79680 3.81310 +0.00445
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term down The long term trend has been DOWN since May 1st, 2018 at 3.9052

intermediate term down The intermediate term trend has been DOWN since Aug 3rd, 2018 at 3.7882

short term up The short term trend has been UP since Aug 16th, 2018 at 3.7751

Smart Scan Analysis for EURPEN

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

-55
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.80865 3.81660 3.79680 3.81310 +0.00445
Prev. Close Volume Bid Ask Time
3.80865 3.73310 3.89310 2018-08-21 21:24:11
Want to analyze Euro/Peruvian Nuevo Sol EURPEN or another symbol? Try our Free Forex Trend Analysis Report.