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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Sidelines Mode (-55) - PHPDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PHPDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PHPDKK
The long-term trend has been UP since Mar 12th, 2024 at 0.12535461
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.12107894
The short-term trend has been UP since Apr 29th, 2024 at 0.12104688
Smart Scan Analysis for PHPDKK
Based on our trend formula, PHPDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12095379 | 0.12146765 | 0.12085066 | 0.12097017 | +0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12095379 | 2024-05-09 09:43:20 |