Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Weak Uptrend (+65) - PENCAD is showing signs of weakening momentum to the upside. Monitor 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
0.36954207 0.37003809 0.36598221 0.36688886 -0.00265300
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long-term trend has been UP since Apr 5th, 2024 at 0.36960731

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2024 at 0.36960731

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.36832499

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
0.36954207 0.37003809 0.36598221 0.36688886 -0.00265300
Prev. Close Volume Bid Ask Time
0.36954207 2024-04-17 21:31:52
Get a free daily analysis and signals for Peruvian Nuevo Sol/Canadian Dollar (PENCAD) - Request Your Free Report.