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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

Countertrend Up (+85) - PENCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_PENCLP
Open High Low PENCLP Price Change
249.83983 249.83983 249.83983 249.83983 0.00000
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term up The long-term trend has been UP since May 13th, 2019 at 205.11500

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2020 at 229.40836

short term up The short-term trend has been UP since Mar 9th, 2020 at 239.05945

Smart Scan Analysis for PENCLP

Based on our trend formula, PENCLP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
249.83983 249.83983 249.83983 249.83983 0.00000
Prev. Close Volume Bid Ask Time
249.83983 246.11850 253.56115 2020-03-31 07:25:31
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