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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
7.9933 8.0506 7.9933 8.0356 +0.0423
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 Oct 8th, 2018 at 8.35405

short term down The short term trend has been DOWN since Nov 15th, 2018 at 7.99005

Smart Scan Analysis for DKKPHP

Based on a pre-defined weighted trend formula for chart analysis, DKKPHP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.9933 8.0506 7.9933 8.0356 +0.0423
Prev. Close Volume Bid Ask Time
7.9933 8.0242 8.0470 2018-11-16 12:41:04
Want to analyze Danish Krone/Philippine Peso DKKPHP or another symbol? Try our Free Forex Trend Analysis Report.