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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

Peruvian Nuevo Sol/Canadian Dollar (FOREX:PENCAD)

Bull Market Weakness (+75) - PENCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PENCAD as it may be in the beginning stages of a reversal.

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
0.36056920 0.36280823 0.36030582 0.36221632 +0.00164700
Entry Signal

MarketClub’s Trade Triangles for PENCAD

long term up The long-term trend has been UP since Apr 5th, 2024 at 0.36960731

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2024 at 0.36316268

short term up The short-term trend has been UP since Jul 5th, 2024 at 0.35913936

Smart Scan Analysis for PENCAD

Based on our trend formula, PENCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PENCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36056920 0.36280823 0.36030582 0.36221632 +0.00164700
Prev. Close Volume Bid Ask Time
0.36192435 2024-07-12 17:04:50
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