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.
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MarketClub’s Trade Triangles for PENGBP
The long term trend has been DOWN since Aug 7th, 2019 at 0.22892
The intermediate term trend has been DOWN since Aug 7th, 2019 at 0.24154
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).
| 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 |