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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.

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.136890 0.137545 0.136890 0.137445 +0.000555
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term down The long term trend has been DOWN since Mar 13th, 2017 at 0.138305

intermediate term down The intermediate term trend has been DOWN since Mar 13th, 2017 at 0.138570

short term up 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).

-75
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.136890 0.137545 0.136890 0.137445 +0.000555
Prev. Close Volume Bid Ask Time
0.136890 0.137230 0.137660 2017-03-29 09:06:42
Want to analyze Philippine Peso/Danish Krone PHPDKK or another symbol? Try our Free Forex Trend Analysis Report.