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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Peruvian Nuevo Sol/Euro (FOREX:PENEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_PENEUR
Open High Low PENEUR Price Change
0.265875 0.267460 0.265710 0.266105 +0.000230
Entry Signal

MarketClub’s Trade Triangles for PENEUR

long term up The long term trend has been UP since Jan 18th, 2019 at 0.264740

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 0.262030

short term down The short term trend has been DOWN since Mar 13th, 2019 at 0.267905

Smart Scan Analysis for PENEUR

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

+55
Smart Scan Analysis for PENEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.265875 0.267460 0.265710 0.266105 +0.000230
Prev. Close Volume Bid Ask Time
0.265875 0.260440 0.271770 2019-03-21 22:06:12
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