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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

US Dollar/Peruvian Nuevo Sol (FOREX:USDPEN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

Open High Low USDPEN Price Change
3.31430 3.31530 3.31345 3.31465 +0.00035
Entry Signal

MarketClub’s Trade Triangles for USDPEN

long term up The long term trend has been UP since May 8th, 2018 at 3.28345

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 Feb 15th, 2019 at 3.33035

Smart Scan Analysis for USDPEN

Based on a pre-defined weighted trend formula for chart analysis, USDPEN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.31430 3.31530 3.31345 3.31465 +0.00035
Prev. Close Volume Bid Ask Time
3.31430 3.31370 3.31560 2019-02-22 07:53:55
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