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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

British Pound/Peruvian Nuevo Sol (FOREX:GBPPEN)

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 GBPPEN Price Change
4.31955 4.34735 4.31735 4.34655 +0.02700
Entry Signal

MarketClub’s Trade Triangles for GBPPEN

long term down The long term trend has been DOWN since Jun 19th, 2018 at 4.32785

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 4.26375

short term down The short term trend has been DOWN since Sep 21st, 2018 at 4.33590

Smart Scan Analysis for GBPPEN

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

Smart Scan Analysis for GBPPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.31955 4.34735 4.31735 4.34655 +0.02700
Prev. Close Volume Bid Ask Time
4.31955 4.34640 4.34670 2018-09-25 10:33:40
Want to analyze British Pound/Peruvian Nuevo Sol GBPPEN or another symbol? Try our Free Forex Trend Analysis Report.