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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_PENCOP
Open High Low PENCOP Price Change
911.085 911.085 911.085 911.085 0.000
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 up The intermediate term trend has been UP since Aug 6th, 2018 at 891.16

short term up The short term trend has been UP since Aug 10th, 2018 at 892.32

Smart Scan Analysis for PENCOP

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

+100
Smart Scan Analysis for PENCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
911.085 911.085 911.085 911.085 0.000
Prev. Close Volume Bid Ask Time
911.085 910.070 912.100 2018-08-20 06:28:09
Want to analyze Peruvian Nuevo Sol/Colombian Peso PENCOP or another symbol? Try our Free Forex Trend Analysis Report.