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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_PENCOP
Open High Low PENCOP Price Change
955.695 956.625 945.395 947.210 -8.485
Entry Signal

MarketClub’s Trade Triangles for PENCOP

long term up The long term trend has been UP since Jun 14th, 2018 at 890.78

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 934.34

short term up The short term trend has been UP since Dec 11th, 2018 at 947.24

Smart Scan Analysis for PENCOP

Based on a pre-defined weighted trend formula for chart analysis, PENCOP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for PENCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
955.695 956.625 945.395 947.210 -8.485
Prev. Close Volume Bid Ask Time
955.695 946.800 947.620 2018-12-12 13:03:18
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