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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

US Dollar/Philippine Peso (FOREX:USDPHP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
52.640 52.645 52.621 52.625 -0.015
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term down The long term trend has been DOWN since Nov 7th, 2018 at 52.7855

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 52.9950

short term down The short term trend has been DOWN since Dec 12th, 2018 at 52.6300

Smart Scan Analysis for USDPHP

Based on a pre-defined weighted trend formula for chart analysis, USDPHP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.640 52.645 52.621 52.625 -0.015
Prev. Close Volume Bid Ask Time
52.640 52.623 52.627 2018-12-13 00:54:01
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.