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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Canadian Dollar/Peruvian Nuevo Sol (FOREX:CADPEN)

Crossroads (-60) - CADPEN is struggling to move into a solid trend. Beware of choppy markets 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
3.1965129 3.1965129 3.1965129 3.1965129 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADPEN

long term up The long-term trend has been UP since Jun 10th, 2020 at 2.5581232

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2021 at 3.2711248

short term down The short-term trend has been DOWN since Oct 24th, 2021 at 3.2711248

Smart Scan Analysis for CADPEN

Based on our trend formula, CADPEN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1965129 3.1965129 3.1965129 3.1965129 0.0000000
Prev. Close Volume Bid Ask Time
3.2214971 2021-10-24 21:08:24
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