Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Peruvian Nuevo Sol/British Pound (FOREX:PENGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_PENGBP
Open High Low PENGBP Price Change
0.24292 0.24447 0.24254 0.24395 +0.00103
Entry Signal

MarketClub’s Trade Triangles for PENGBP

long term down The long term trend has been DOWN since Aug 7th, 2019 at 0.22892

intermediate term down The intermediate term trend has been DOWN since Aug 7th, 2019 at 0.24154

short term up The short term trend has been UP since Aug 19th, 2019 at 0.24438

Smart Scan Analysis for PENGBP

Based on a pre-defined weighted trend formula for chart analysis, PENGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for PENGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24292 0.24447 0.24254 0.24395 +0.00103
Prev. Close Volume Bid Ask Time
0.24292 0.24393 0.24397 2019-08-19 19:17:45
Want to analyze Peruvian Nuevo Sol/British Pound PENGBP or another symbol? Try our Free Forex Trend Analysis Report.