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Forex Trend Analysis Report

Prepared for you on Wednesday, March 21, 2018.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 PENCAD Price Change
0.396925 0.399745 0.395955 0.397055 +0.000130
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long term trend has been UP since Nov 29th, 2017 at 0.398485

intermediate term up The intermediate term trend has been UP since Feb 20th, 2018 at 0.388670

short term down The short term trend has been DOWN since Mar 20th, 2018 at 0.398775

Smart Scan Analysis for PENCAD

Based on a pre-defined weighted trend formula for chart analysis, PENCAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.396925 0.399745 0.395955 0.397055 +0.000130
Prev. Close Volume Bid Ask Time
0.396925 0.397020 0.397090 2018-03-21 20:36:39
Want to analyze Peruvian Nuevo Sol/Canadian Dollar PENCAD or another symbol? Try our Free Forex Trend Analysis Report.