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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
182.30 182.30 182.30 182.30 0.00
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term down The long term trend has been DOWN since Jan 9th, 2018 at 193.665

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 188.440

short term down The short term trend has been DOWN since Jan 9th, 2018 at 195.770

Smart Scan Analysis for PENCLP

Based on a pre-defined weighted trend formula for chart analysis, PENCLP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
182.30 182.30 182.30 182.30 0.00
Prev. Close Volume Bid Ask Time
182.66 178.83 185.77 2018-02-13 21:31:29
Want to analyze Peruvian Nuevo Sol/Chilean Peso PENCLP or another symbol? Try our Free Forex Trend Analysis Report.