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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Crossroads (+60) - PENCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PENCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PENCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PENCAD
Open High Low PENCAD Price Change
0.36983263 0.37002888 0.36853486 0.36911316 -0.00071900
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term down The long-term trend has been DOWN since Sep 6th, 2024 at 0.35501948

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2024 at 0.36253491

short term up The short-term trend has been UP since Oct 20th, 2024 at 0.36663129

Smart Scan Analysis for PENCAD

Based on our trend formula, PENCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36983263 0.37002888 0.36853486 0.36911316 -0.00071900
Prev. Close Volume Bid Ask Time
0.36983263 2024-10-25 17:06:35
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