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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Peruvian Nuevo Sol/Euro (FOREX:PENEUR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
0.272125 0.272670 0.271910 0.272580 +0.000455
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term up The long term trend has been UP since Jul 16th, 2019 at 0.271160

intermediate term up The intermediate term trend has been UP since Jun 19th, 2019 at 0.267935

short term up The short term trend has been UP since Jul 23rd, 2019 at 0.271605

Smart Scan Analysis for PENEUR

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

+100
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.272125 0.272670 0.271910 0.272580 +0.000455
Prev. Close Volume Bid Ask Time
0.272125 0.272320 0.272840 2019-07-23 14:13:33
Want to analyze Peruvian Nuevo Sol/Euro PENEUR or another symbol? Try our Free Forex Trend Analysis Report.