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Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

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.

FOREX_PENCLP
Open High Low PENCLP Price Change
207.235 207.235 207.235 207.235 0.000
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term up The long term trend has been UP since May 1st, 2018 at 187.110

intermediate term up The intermediate term trend has been UP since Aug 19th, 2018 at 200.395

short term down The short term trend has been DOWN since Sep 16th, 2018 at 206.560

Smart Scan Analysis for PENCLP

Based on a pre-defined weighted trend formula for chart analysis, PENCLP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
207.235 207.235 207.235 207.235 0.000
Prev. Close Volume Bid Ask Time
207.235 203.620 210.850 2018-09-18 21:15:42
Want to analyze Peruvian Nuevo Sol/Chilean Peso PENCLP or another symbol? Try our Free Forex Trend Analysis Report.