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Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Peruvian Nuevo Sol/Brazilian Real (FOREX:PENBRL)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 PENBRL Price Change
1.24025 1.24110 1.22475 1.23175 -0.00850
Entry Signal

MarketClub’s Trade Triangles for PENBRL

long term up The long term trend has been UP since Nov 14th, 2017 at 1.02065

intermediate term up The intermediate term trend has been UP since Aug 13th, 2018 at 1.18135

short term down The short term trend has been DOWN since Sep 20th, 2018 at 1.24065

Smart Scan Analysis for PENBRL

Based on a pre-defined weighted trend formula for chart analysis, PENBRL scored +65 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
1.24025 1.24110 1.22475 1.23175 -0.00850
Prev. Close Volume Bid Ask Time
1.24025 1.23070 1.23280 2018-09-21 18:21:14
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