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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

Bull Market Weakness (+75) - PENCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENCLP as it may be in the beginning stages of a reversal.

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
202.37846 202.37846 202.37846 202.37846 0.00000
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term up The long-term trend has been UP since Sep 29th, 2021 at 194.04038

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2021 at 191.08923

short term up The short-term trend has been UP since Sep 21st, 2021 at 190.84552

Smart Scan Analysis for PENCLP

Based on our trend formula, PENCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
202.37846 202.37846 202.37846 202.37846 0.00000
Prev. Close Volume Bid Ask Time
206.89363 2021-10-12 21:08:37
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