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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

Peruvian Nuevo Sol/Brazilian Real (FOREX:PENBRL)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_PENBRL
Open High Low PENBRL Price Change
0.96744 0.96744 0.96744 0.96744 0.00000
Entry Signal

MarketClub’s Trade Triangles for PENBRL

long term down The long term trend has been DOWN since Sep 6th, 2017 at 0.95755

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2017 at 0.96488

short term down The short term trend has been DOWN since Sep 18th, 2017 at 0.95911

Smart Scan Analysis for PENBRL

Based on a pre-defined weighted trend formula for chart analysis, PENBRL scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for PENBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.96744 0.96744 0.96744 0.96744 0.00000
Prev. Close Volume Bid Ask Time
0.96744 0.96641 0.96847 2017-09-20 02:08:53
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