Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)
Long-Term Uptrend (+90) - PENCAD is in a strong uptrend that is likely to continue. While PENCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PENCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PENCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PENCAD
The long-term trend has been UP since Mar 11th, 2024 at 0.36548692
The intermediate-term trend has been UP since Feb 21st, 2024 at 0.35715260
The short-term trend has been UP since Mar 8th, 2024 at 0.36274653
Smart Scan Analysis for PENCAD
Based on our trend formula, PENCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.36638328 | 0.36724857 | 0.36616561 | 0.36688893 | +0.00050600 |
Prev. Close | Volume | Bid | Ask | Time |
0.36638328 | 2024-03-19 07:46:26 |