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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 USDPEN Price Change
3.30820 3.30885 3.29705 3.29905 -0.00915
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term up The long term trend has been UP since May 8th, 2018 at 3.28345

intermediate term up The intermediate term trend has been UP since Aug 14th, 2018 at 3.29190

short term down The short term trend has been DOWN since Aug 19th, 2018 at 3.29765

Smart Scan Analysis for USDPEN

Based on a pre-defined weighted trend formula for chart analysis, USDPEN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.30820 3.30885 3.29705 3.29905 -0.00915
Prev. Close Volume Bid Ask Time
3.30820 3.29760 3.30050 2018-08-21 14:30:47
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