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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_PENARS
Open High Low PENARS Price Change
11.9785 11.9825 11.9785 11.9800 +0.0015
Entry Signal

MarketClub’s Trade Triangles for PENARS

long term up The long term trend has been UP since Dec 21st, 2017 at 5.4824

intermediate term up The intermediate term trend has been UP since Jan 21st, 2019 at 11.4195

short term up The short term trend has been UP since Feb 15th, 2019 at 11.5540

Smart Scan Analysis for PENARS

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

+100
Smart Scan Analysis for PENARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.9785 11.9825 11.9785 11.9800 +0.0015
Prev. Close Volume Bid Ask Time
11.9785 11.9790 11.9810 2019-02-21 00:17:12
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