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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)
Countertrend Up (+85) - PENCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for PENCAD
The long-term trend has been UP since Dec 2nd, 2024 at 0.37549132
The intermediate-term trend has been UP since Nov 25th, 2024 at 0.37132542
The short-term trend has been DOWN since Dec 25th, 2024 at 0.38455848
Smart Scan Analysis for PENCAD
Based on our trend formula, PENCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38257889 | 0.38443590 | 0.38243385 | 0.38429482 | +0.00171600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38257889 | 2025-01-02 11:20:48 |