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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

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

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

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

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

FOREX_PENCAD
Open High Low PENCAD Price Change
0.40172251 0.40290046 0.39915285 0.40150248 -0.00022000
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long-term trend has been UP since Mar 17th, 2020 at 0.40024392

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2020 at 0.40590465

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.40729470

Smart Scan Analysis for PENCAD

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

-70
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40172251 0.40290046 0.39915285 0.40150248 -0.00022000
Prev. Close Volume Bid Ask Time
0.40172251 0.39996794 0.40303702 2020-05-29 17:08:59
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