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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2017.

British Pound/Peruvian Nuevo Sol (FOREX:GBPPEN)

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 GBPPEN Price Change
4.0527 4.0529 4.0527 4.0529 +0.0002
Entry Signal

MarketClub’s Trade Triangles for GBPPEN

long term down The long term trend has been DOWN since Jun 24th, 2016 at 4.60585

intermediate term up The intermediate term trend has been UP since Mar 23rd, 2017 at 4.06595

short term up The short term trend has been UP since Mar 15th, 2017 at 4.02290

Smart Scan Analysis for GBPPEN

Based on a pre-defined weighted trend formula for chart analysis, GBPPEN scored +70 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
4.0527 4.0529 4.0527 4.0529 +0.0002
Prev. Close Volume Bid Ask Time
4.0527 4.0526 4.0532 2017-03-25 23:22:29
Want to analyze British Pound/Peruvian Nuevo Sol GBPPEN or another symbol? Try our Free Forex Trend Analysis Report.