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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

Strong Downtrend (-100) - PENCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
218.57412 218.57412 218.57412 218.57412 0.00000
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 234.73471

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2020 at 229.13109

short term down The short-term trend has been DOWN since Jul 26th, 2020 at 223.72909

Smart Scan Analysis for PENCLP

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

-100
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
218.57412 218.57412 218.57412 218.57412 0.00000
Prev. Close Volume Bid Ask Time
218.57412 215.18141 221.96682 2020-07-29 04:35:31
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