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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Peruvian Nuevo Sol/US Dollar (FOREX:PENUSD)

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.

Open High Low PENUSD Price Change
0.309235 0.309650 0.309060 0.309645 +0.000410
Entry Signal

MarketClub’s Trade Triangles for PENUSD

long term up The long term trend has been UP since Nov 22nd, 2017 at 0.30976

intermediate term up The intermediate term trend has been UP since Mar 22nd, 2018 at 0.30843

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.31021

Smart Scan Analysis for PENUSD

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

Smart Scan Analysis for PENUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.309235 0.309650 0.309060 0.309645 +0.000410
Prev. Close Volume Bid Ask Time
0.309235 0.309410 0.309880 2018-04-24 14:28:54
Want to analyze Peruvian Nuevo Sol/US Dollar PENUSD or another symbol? Try our Free Forex Trend Analysis Report.