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Forex Trend Analysis Report

Prepared for you on Sunday, June 25, 2017.

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 negative trend to resume. Downtrend 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.

FOREX_PENCAD
Open High Low PENCAD Price Change
0.407925 0.407925 0.407910 0.407910 -0.000015
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term down The long term trend has been DOWN since Jun 12th, 2017 at 0.406345

intermediate term down The intermediate term trend has been DOWN since May 18th, 2017 at 0.413675

short term up The short term trend has been UP since Jun 21st, 2017 at 0.406555

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).

-85
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.407925 0.407925 0.407910 0.407910 -0.000015
Prev. Close Volume Bid Ask Time
0.407925 0.407830 0.407990 2017-06-25 12:57:35
Want to analyze Peruvian Nuevo Sol/Canadian Dollar PENCAD or another symbol? Try our Free Forex Trend Analysis Report.