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Forex Trend Analysis Report

Prepared for you on Saturday, March 17, 2018.

US Dollar/Philippine Peso (FOREX:USDPHP)

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.

Open High Low USDPHP Price Change
52.0350 52.0405 51.8650 51.9220 -0.1130
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term up The long term trend has been UP since Feb 1st, 2018 at 51.6940

intermediate term up The intermediate term trend has been UP since Jan 10th, 2018 at 50.5215

short term down The short term trend has been DOWN since Mar 16th, 2018 at 51.8915

Smart Scan Analysis for USDPHP

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

Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.0350 52.0405 51.8650 51.9220 -0.1130
Prev. Close Volume Bid Ask Time
52.0350 51.9120 51.9320 2018-03-16 15:08:48
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.