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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
0.32926856 0.33548249 0.32917589 0.33472114 +0.00545300
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term down The long-term trend has been DOWN since Jul 11th, 2022 at 0.33115151

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2022 at 0.33658783

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.33098791

Smart Scan Analysis for PENCAD

Based on our trend formula, PENCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32926856 0.33548249 0.32917589 0.33472114 +0.00545300
Prev. Close Volume Bid Ask Time
0.32926856 2022-08-15 18:22:21
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