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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Peruvian Nuevo Sol/Chilean Peso (FOREX:PENCLP)

Weak Downtrend (-65) - PENCLP is showing signs of a strengthening downtrend. Monitor PENCLP as it may be building momentum to the downside.

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

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

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

FOREX_PENCLP
Open High Low PENCLP Price Change
182.47126 182.47126 182.47126 182.47126 0.00000
Entry Signal

MarketClub’s Trade Triangles for PENCLP

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 234.73471

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 196.58049

short term down The short-term trend has been DOWN since Apr 15th, 2021 at 195.44408

Smart Scan Analysis for PENCLP

Based on our trend formula, PENCLP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PENCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
182.47126 182.47126 182.47126 182.47126 0.00000
Prev. Close Volume Bid Ask Time
187.09466 2021-05-10 07:27:38
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