Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for PHPDKK
The long term trend has been DOWN since Mar 13th, 2017 at 0.138305
The intermediate term trend has been DOWN since Mar 13th, 2017 at 0.138570
The short term trend has been UP since Mar 29th, 2017 at 0.137250
Smart Scan Analysis for PHPDKK
Based on a pre-defined weighted trend formula for chart analysis, PHPDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).