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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Philippine Peso/Icelandic Krona (FOREX:PHPISK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_PHPISK
Open High Low PHPISK Price Change
2.01505 2.02960 2.01255 2.02890 +0.01385
Entry Signal

MarketClub’s Trade Triangles for PHPISK

long term up The long term trend has been UP since May 16th, 2018 at 1.99340

intermediate term up The intermediate term trend has been UP since Sep 7th, 2018 at 2.05620

short term down The short term trend has been DOWN since Sep 13th, 2018 at 2.06975

Smart Scan Analysis for PHPISK

Based on a pre-defined weighted trend formula for chart analysis, PHPISK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for PHPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.01505 2.02960 2.01255 2.02890 +0.01385
Prev. Close Volume Bid Ask Time
2.01505 2.02300 2.03480 2018-09-18 14:25:12
Want to analyze Philippine Peso/Icelandic Krona PHPISK or another symbol? Try our Free Forex Trend Analysis Report.