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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

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_USDPEN
Open High Low USDPEN Price Change
3.28365 3.28695 3.28315 3.28545 +0.00180
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term down The long term trend has been DOWN since Jul 11th, 2019 at 3.28500

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2019 at 3.32655

short term down The short term trend has been DOWN since Jul 18th, 2019 at 3.28330

Smart Scan Analysis for USDPEN

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

-90
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.28365 3.28695 3.28315 3.28545 +0.00180
Prev. Close Volume Bid Ask Time
3.28365 3.28250 3.28840 2019-07-18 11:19:06
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