Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
3.29265 3.29400 3.28345 3.29270 +0.00005
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term down The long term trend has been DOWN since Feb 22nd, 2019 at 3.31055

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 3.33870

short term down The short term trend has been DOWN since Mar 20th, 2019 at 3.29440

Smart Scan Analysis for USDPEN

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

-100
Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.29265 3.29400 3.28345 3.29270 +0.00005
Prev. Close Volume Bid Ask Time
3.29265 3.29080 3.29460 2019-03-21 09:41:12
Want to analyze US Dollar/Peruvian Nuevo Sol USDPEN or another symbol? Try our Free Forex Trend Analysis Report.