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Forex Trend Analysis Report

Prepared for you on Saturday, November 17, 2018.

Peruvian Nuevo Sol/Brazilian Real (FOREX:PENBRL)

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 PENBRL Price Change
1.11545 1.11545 1.11375 1.11375 -0.00170
Entry Signal

MarketClub’s Trade Triangles for PENBRL

long term down The long term trend has been DOWN since Oct 8th, 2018 at 1.12645

intermediate term up The intermediate term trend has been UP since Nov 13th, 2018 at 1.12315

short term down The short term trend has been DOWN since Nov 16th, 2018 at 1.11305

Smart Scan Analysis for PENBRL

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

Smart Scan Analysis for PENBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.11545 1.11545 1.11375 1.11375 -0.00170
Prev. Close Volume Bid Ask Time
1.11545 1.10720 1.12030 2018-11-17 17:09:30
Want to analyze Peruvian Nuevo Sol/Brazilian Real PENBRL or another symbol? Try our Free Forex Trend Analysis Report.