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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

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_DKKPHP
Open High Low DKKPHP Price Change
8.04530 8.04530 8.02945 8.03110 -0.01420
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long term trend has been DOWN since Aug 10th, 2018 at 8.15975

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 7.98260

short term up The short term trend has been UP since Jan 18th, 2019 at 8.02300

Smart Scan Analysis for DKKPHP

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

-65
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.04530 8.04530 8.02945 8.03110 -0.01420
Prev. Close Volume Bid Ask Time
8.04530 8.01100 8.05120 2019-01-21 16:12:15
Want to analyze Danish Krone/Philippine Peso DKKPHP or another symbol? Try our Free Forex Trend Analysis Report.