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Forex Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

Euro/Peruvian Nuevo Sol (FOREX:EURPEN)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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_EURPEN
Open High Low EURPEN Price Change
3.7139 3.7139 3.7139 3.7139 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPEN

long term up The long term trend has been UP since Aug 5th, 2019 at 3.78885

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 3.72685

short term up The short term trend has been UP since Sep 27th, 2019 at 3.69695

Smart Scan Analysis for EURPEN

Based on a pre-defined weighted trend formula for chart analysis, EURPEN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for EURPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7139 3.7139 3.7139 3.7139 0.0000
Prev. Close Volume Bid Ask Time
3.7139 3.6339 3.7939 2019-10-13 05:22:13
Want to analyze Euro/Peruvian Nuevo Sol EURPEN or another symbol? Try our Free Forex Trend Analysis Report.