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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

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.

FOREX_USDPEN
Open High Low USDPEN Price Change
3.33540 3.33550 3.33395 3.33505 -0.00035
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 up The short term trend has been UP since Oct 12th, 2018 at 3.33335

Smart Scan Analysis for USDPEN

Based on a pre-defined weighted trend formula for chart analysis, USDPEN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.33540 3.33550 3.33395 3.33505 -0.00035
Prev. Close Volume Bid Ask Time
3.33540 3.33410 3.33600 2018-10-19 05:42:15
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