Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

/Philippine Peso (FOREX:CNHPHP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_CNHPHP
Open High Low CNHPHP Price Change
7.6789 7.6789 7.6789 7.6789 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHPHP

long term down The long term trend has been DOWN since Oct 29th, 2018 at 7.74180

intermediate term up The intermediate term trend has been UP since Dec 5th, 2018 at 7.63050

short term up The short term trend has been UP since Dec 5th, 2018 at 7.55815

Smart Scan Analysis for CNHPHP

Based on a pre-defined weighted trend formula for chart analysis, CNHPHP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CNHPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6789 7.6789 7.6789 7.6789 0.0000
Prev. Close Volume Bid Ask Time
7.6789 7.6784 7.6794 2018-12-05 14:49:04
Want to analyze /Philippine Peso CNHPHP or another symbol? Try our Free Forex Trend Analysis Report.