Forex Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
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 Jan 15th, 2018 at 0.121465
The intermediate term trend has been DOWN since Jan 2nd, 2018 at 0.123930
The short term trend has been UP since Feb 20th, 2018 at 0.115035
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).