Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_USDPEN
Open High Low USDPEN Price Change
3.3545000 3.3578394 3.3500000 3.3578394 +0.0033390
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term up The long term trend has been UP since Aug 5th, 2019 at 3.38140

intermediate term up The intermediate term trend has been UP since Sep 16th, 2019 at 3.40775

short term down The short term trend has been DOWN since Oct 13th, 2019 at 3.37115

Smart Scan Analysis for USDPEN

Based on a pre-defined weighted trend formula for chart analysis, USDPEN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3545000 3.3578394 3.3500000 3.3578394 +0.0033390
Prev. Close Volume Bid Ask Time
3.3545000 3.2859390 3.4297398 2019-10-17 20:06:20
Want to analyze US Dollar/Peruvian Nuevo Sol USDPEN or another symbol? Try our Free Forex Trend Analysis Report.