Forex Trend Analysis Report
Prepared for you on Monday, February 27, 2017.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UP since Dec 20th, 2016 at 0.143575
The intermediate term trend has been UP since Feb 14th, 2017 at 0.140605
The short term trend has been UP since Feb 21st, 2017 at 0.140280
Smart Scan Analysis for PHPDKK
Based on a pre-defined weighted trend formula for chart analysis, PHPDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).