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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Peruvian Nuevo Sol/Colombian Peso (FOREX:PENCOP)

Sidelines Mode (-55) - PENCOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
978.1999 978.1999 978.1999 978.1999 0.0000
Entry Signal

MarketClub’s Trade Triangles for PENCOP

long term down The long-term trend has been DOWN since Jul 6th, 2020 at 1046.2075

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 983.2313

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 978.3442

Smart Scan Analysis for PENCOP

Based on our trend formula, PENCOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PENCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
978.1999 978.1999 978.1999 978.1999 0.0000
Prev. Close Volume Bid Ask Time
978.1999 2021-02-25 07:31:40
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