Forex Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
Peruvian Nuevo Sol/Euro (FOREX:PENEUR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for PENEUR
The long term trend has been UP since Jan 18th, 2019 at 0.26474
The intermediate term trend has been UP since Jan 15th, 2019 at 0.26203
The short term trend has been UP since Jan 15th, 2019 at 0.26120
Smart Scan Analysis for PENEUR
Based on a pre-defined weighted trend formula for chart analysis, PENEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).