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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Strong Uptrend (+100) - PENCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.32313075 0.32847639 0.32258522 0.32822202 +0.00509100
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long-term trend has been UP since Dec 15th, 2021 at 0.31819877

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2021 at 0.31819877

short term up The short-term trend has been UP since Jan 14th, 2022 at 0.32238562

Smart Scan Analysis for PENCAD

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

+100
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32313075 0.32847639 0.32258522 0.32822202 +0.00509100
Prev. Close Volume Bid Ask Time
0.32313075 2022-01-21 17:06:28
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