Forex Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
Philippine Peso/Icelandic Krona (FOREX:PHPISK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 PHPISK
The long term trend has been UP since May 16th, 2018 at 1.9934
The intermediate term trend has been UP since Apr 4th, 2018 at 1.9254
The short term trend has been UP since Jun 15th, 2018 at 2.0113
Smart Scan Analysis for PHPISK
Based on a pre-defined weighted trend formula for chart analysis, PHPISK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).