Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Canadian Dollar/Peruvian Nuevo Sol (FOREX:CADPEN)

Weak Downtrend (-65) - CADPEN is showing signs of a strengthening downtrend. Monitor CADPEN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CADPEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADPEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADPEN
Open High Low CADPEN Price Change
2.7235176 2.7235176 2.7235176 2.7235176 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADPEN

long term up The long-term trend has been UP since Sep 25th, 2024 at 2.8006847

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 2.7622233

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 2.7622233

Smart Scan Analysis for CADPEN

Based on our trend formula, CADPEN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CADPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7235176 2.7235176 2.7235176 2.7235176 0.0000000
Prev. Close Volume Bid Ask Time
2.7171458 2024-10-22 07:25:24
Get a free daily analysis and signals for Canadian Dollar/Peruvian Nuevo Sol (CADPEN) - Request Your Free Report.