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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)

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_PENCOP
Open High Low PENCOP Price Change
891.420 892.105 868.755 872.835 -18.585
Entry Signal

MarketClub’s Trade Triangles for PENCOP

long term up The long term trend has been UP since Jun 14th, 2018 at 890.780

intermediate term up The intermediate term trend has been UP since Apr 25th, 2018 at 871.850

short term down The short term trend has been DOWN since Jun 15th, 2018 at 869.125

Smart Scan Analysis for PENCOP

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

+65
Smart Scan Analysis for PENCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
891.420 892.105 868.755 872.835 -18.585
Prev. Close Volume Bid Ask Time
891.420 872.330 873.340 2018-06-15 14:41:56
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