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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Peruvian Nuevo Sol/Euro (FOREX:PENEUR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_PENEUR
Open High Low PENEUR Price Change
0.26684506 0.26684506 0.26684506 0.26684506 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term down The long term trend has been DOWN since Aug 5th, 2019 at 0.26393500

intermediate term down The intermediate term trend has been DOWN since Nov 18th, 2019 at 0.26788204

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 0.26782462

Smart Scan Analysis for PENEUR

Based on a pre-defined weighted trend formula for chart analysis, PENEUR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26684506 0.26684506 0.26684506 0.26684506 0.00000000
Prev. Close Volume Bid Ask Time
0.26690207 0.26115115 0.27253897 2019-12-05 20:00:17
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