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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

New Zealand Dollar/Philippine Peso (FOREX:NZDPHP)

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_NZDPHP
Open High Low NZDPHP Price Change
35.4230 35.4230 35.2420 35.3065 -0.1165
Entry Signal

MarketClub’s Trade Triangles for NZDPHP

long term down The long term trend has been DOWN since May 1st, 2018 at 36.3525

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 35.0570

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 35.2890

Smart Scan Analysis for NZDPHP

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

-90
Smart Scan Analysis for NZDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.4230 35.4230 35.2420 35.3065 -0.1165
Prev. Close Volume Bid Ask Time
35.4230 35.2210 35.3920 2018-10-22 16:34:05
Want to analyze New Zealand Dollar/Philippine Peso NZDPHP or another symbol? Try our Free Forex Trend Analysis Report.