Forex Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
Euro/Philippine Peso (FOREX:EURPHP)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for EURPHP
The long term trend has been UP since Sep 13th, 2018 at 63.044
The intermediate term trend has been UP since Aug 27th, 2018 at 62.126
The short term trend has been UP since Sep 6th, 2018 at 62.502
Smart Scan Analysis for EURPHP
Based on a pre-defined weighted trend formula for chart analysis, EURPHP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).