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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Canadian Dollar/Peruvian Nuevo Sol (FOREX:CADPEN)

Sidelines Mode (-55) - CADPEN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.6614774 2.6614774 2.6614774 2.6614774 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADPEN

long term up The long-term trend has been UP since Apr 14th, 2025 at 2.6380765

intermediate term down The intermediate-term trend has been DOWN since Apr 27th, 2025 at 2.6804740

short term up The short-term trend has been UP since Apr 30th, 2025 at 2.6497116

Smart Scan Analysis for CADPEN

Based on our trend formula, CADPEN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6614774 2.6614774 2.6614774 2.6614774 0.0000000
Prev. Close Volume Bid Ask Time
2.6437380 2025-05-03 16:46:29
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