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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Bull Market Weakness (+75) - PENCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENCAD as it may be in the beginning stages of a reversal.

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
0.36610034 0.36708424 0.36265816 0.36388926 -0.00221100
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.36548692

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 0.35715260

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.36328926

Smart Scan Analysis for PENCAD

Based on our trend formula, PENCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36610034 0.36708424 0.36265816 0.36388926 -0.00221100
Prev. Close Volume Bid Ask Time
0.36610034 2024-03-28 18:30:03
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