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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

British Pound/Philippine Peso (FOREX:GBPPHP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low GBPPHP Price Change
67.3705 67.6555 67.3625 67.4830 +0.1125
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long term trend has been UP since Dec 5th, 2016 at 63.430

intermediate term down The intermediate term trend has been DOWN since Nov 2nd, 2017 at 67.202

short term up The short term trend has been UP since Nov 17th, 2017 at 67.303

Smart Scan Analysis for GBPPHP

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

Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.3705 67.6555 67.3625 67.4830 +0.1125
Prev. Close Volume Bid Ask Time
67.3705 67.3880 67.5780 2017-11-24 11:33:57
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