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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Philippine Peso/Danish Krone (FOREX:PHPDKK)

Bull Market Weakness (+75) - PHPDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PHPDKK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PHPDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.12308787 0.12312085 0.12303959 0.12308062 -0.00000700
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term up The long-term trend has been UP since Mar 12th, 2024 at 0.12535461

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.12035629

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.12279506

Smart Scan Analysis for PHPDKK

Based on our trend formula, PHPDKK is rated as a +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
0.12308787 0.12312085 0.12303959 0.12308062 -0.00000700
Prev. Close Volume Bid Ask Time
0.12308787 2024-03-29 02:32:21
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