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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)

Weak Downtrend (-65) - PENCOP is showing signs of a strengthening downtrend. Monitor PENCOP as it may be building momentum to the downside.

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

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

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

FOREX_PENCOP
Open High Low PENCOP Price Change
1087.6334 1087.6334 1087.6334 1087.6334 0.0000
Entry Signal

MarketClub’s Trade Triangles for PENCOP

long term up The long-term trend has been UP since Mar 11th, 2020 at 1035.1096

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 1155.7075

short term down The short-term trend has been DOWN since May 19th, 2020 at 1138.1709

Smart Scan Analysis for PENCOP

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

-70
Smart Scan Analysis for PENCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1087.6334 1087.6334 1087.6334 1087.6334 0.0000
Prev. Close Volume Bid Ask Time
1087.6334 1064.7989 1110.4678 2020-06-01 07:17:49
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