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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

/Philippine Peso (FOREX:CNHPHP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_CNHPHP
Open High Low CNHPHP Price Change
7.7915 7.7915 7.7915 7.7915 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHPHP

long term up The long term trend has been UP since Oct 11th, 2018 at 8.0683

intermediate term down The intermediate term trend has been DOWN since Oct 15th, 2018 at 7.8185

short term down The short term trend has been DOWN since Oct 15th, 2018 at 7.8185

Smart Scan Analysis for CNHPHP

Based on a pre-defined weighted trend formula for chart analysis, CNHPHP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CNHPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7915 7.7915 7.7915 7.7915 0.0000
Prev. Close Volume Bid Ask Time
7.7915 7.7910 7.7920 2018-10-18 18:02:56
Want to analyze /Philippine Peso CNHPHP or another symbol? Try our Free Forex Trend Analysis Report.