Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Philippine Peso/Icelandic Krona (FOREX:PHPISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_PHPISK
Open High Low PHPISK Price Change
2.02805 2.03620 2.02690 2.03300 +0.00495
Entry Signal

MarketClub’s Trade Triangles for PHPISK

long term down The long term trend has been DOWN since Nov 9th, 2017 at 2.02310

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2017 at 2.02650

short term up The short term trend has been UP since Nov 15th, 2017 at 2.03925

Smart Scan Analysis for PHPISK

Based on a pre-defined weighted trend formula for chart analysis, PHPISK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for PHPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.02805 2.03620 2.02690 2.03300 +0.00495
Prev. Close Volume Bid Ask Time
2.02805 2.02670 2.03930 2017-11-17 13:42:37
Want to analyze Philippine Peso/Icelandic Krona PHPISK or another symbol? Try our Free Forex Trend Analysis Report.