Forex Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for PHPDKK
The long term trend has been UP since Aug 10th, 2018 at 0.122550
The intermediate term trend has been UP since Oct 8th, 2018 at 0.119700
The short term trend has been UP since Oct 16th, 2018 at 0.119525
Smart Scan Analysis for PHPDKK
Based on a pre-defined weighted trend formula for chart analysis, PHPDKK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).