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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)

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_PENARS
Open High Low PENARS Price Change
18.099728 18.178306 18.099728 18.117899 +0.018171
Entry Signal

MarketClub’s Trade Triangles for PENARS

long term up The long term trend has been UP since Dec 21st, 2017 at 5.482400

intermediate term up The intermediate term trend has been UP since Feb 13th, 2020 at 18.140716

short term up The short term trend has been UP since Feb 5th, 2020 at 17.995960

Smart Scan Analysis for PENARS

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

+90
Smart Scan Analysis for PENARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.099728 18.178306 18.099728 18.117899 +0.018171
Prev. Close Volume Bid Ask Time
18.099728 18.116672 18.119126 2020-02-14 16:52:58
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