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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.

FOREX_PENCAD
Open High Low PENCAD Price Change
0.36638328 0.36724857 0.36616561 0.36688893 +0.00050600
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.36548692

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 0.35715260

short term up 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).

+90
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways 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
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