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Forex Trend Analysis Report

Prepared for you on Tuesday, April 24, 2018.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

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_DKKPHP
Open High Low DKKPHP Price Change
8.57915 8.58210 8.55695 8.57105 -0.00810
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term up The long term trend has been UP since Jan 15th, 2018 at 8.23235

intermediate term down The intermediate term trend has been DOWN since Apr 3rd, 2018 at 8.55565

short term down The short term trend has been DOWN since Apr 20th, 2018 at 8.62965

Smart Scan Analysis for DKKPHP

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

-60
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.57915 8.58210 8.55695 8.57105 -0.00810
Prev. Close Volume Bid Ask Time
8.57915 8.55960 8.58250 2018-04-24 08:32:21
Want to analyze Danish Krone/Philippine Peso DKKPHP or another symbol? Try our Free Forex Trend Analysis Report.