Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Sidelines Mode (-55) - PENCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.34630584 0.34957361 0.34542776 0.34932686 +0.00302100
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term down The long-term trend has been DOWN since Jun 18th, 2020 at 0.38370306

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2020 at 0.36725813

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.34704809

Smart Scan Analysis for PENCAD

Based on our trend formula, PENCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34630584 0.34957361 0.34542776 0.34932686 +0.00302100
Prev. Close Volume Bid Ask Time
0.34630584 2021-02-26 17:12:08
Get a free daily analysis and signals for Peruvian Nuevo Sol/Canadian Dollar (PENCAD) - Request Your Free Report.