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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDPEN
Open High Low USDPEN Price Change
3.3187500 3.3242040 3.3167500 3.3242040 +0.0054540
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term down The long term trend has been DOWN since Dec 20th, 2019 at 3.3157500

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 3.3416099

short term down The short term trend has been DOWN since Jan 21st, 2020 at 3.3215013

Smart Scan Analysis for USDPEN

Based on a pre-defined weighted trend formula for chart analysis, USDPEN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3187500 3.3242040 3.3167500 3.3242040 +0.0054540
Prev. Close Volume Bid Ask Time
3.3187500 3.2520112 3.3963967 2020-01-21 21:00:30
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