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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
3.34870 3.35755 3.34775 3.34775 -0.00095
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 Dec 11th, 2018 at 3.36310

Smart Scan Analysis for USDPEN

Based on a pre-defined weighted trend formula for chart analysis, USDPEN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.34870 3.35755 3.34775 3.34775 -0.00095
Prev. Close Volume Bid Ask Time
3.34870 3.34250 3.35300 2018-12-14 18:07:45
Want to analyze US Dollar/Peruvian Nuevo Sol USDPEN or another symbol? Try our Free Forex Trend Analysis Report.