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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

US Dollar/Philippine Peso (FOREX:USDPHP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_USDPHP
Open High Low USDPHP Price Change
54.0850 54.0850 53.9505 54.0210 -0.0640
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 Aug 13th, 2018 at 53.5955

short term down The short term trend has been DOWN since Sep 19th, 2018 at 54.0105

Smart Scan Analysis for USDPHP

Based on a pre-defined weighted trend formula for chart analysis, USDPHP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.0850 54.0850 53.9505 54.0210 -0.0640
Prev. Close Volume Bid Ask Time
54.0850 53.9470 54.0950 2018-09-19 04:42:11
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.