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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Peruvian Nuevo Sol/Argentine Peso (FOREX:PENARS)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
13.5665 13.5705 13.5480 13.5480 -0.0185
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 Apr 25th, 2019 at 13.3385

short term up The short term trend has been UP since May 20th, 2019 at 13.6150

Smart Scan Analysis for PENARS

Based on a pre-defined weighted trend formula for chart analysis, PENARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for PENARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.5665 13.5705 13.5480 13.5480 -0.0185
Prev. Close Volume Bid Ask Time
13.5665 13.5470 13.5490 2019-05-21 02:35:41
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