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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_PENCLP
Open High Low PENCLP Price Change
200.845 200.845 200.845 200.845 0.000
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term down The long term trend has been DOWN since Feb 5th, 2019 at 196.575

intermediate term up The intermediate term trend has been UP since Feb 19th, 2019 at 198.890

short term down The short term trend has been DOWN since Mar 21st, 2019 at 201.885

Smart Scan Analysis for PENCLP

Based on a pre-defined weighted trend formula for chart analysis, PENCLP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
200.845 200.845 200.845 200.845 0.000
Prev. Close Volume Bid Ask Time
200.845 197.120 204.570 2019-03-21 22:06:38
Want to analyze Peruvian Nuevo Sol/Chilean Peso PENCLP or another symbol? Try our Free Forex Trend Analysis Report.