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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_PHPJPY
Open High Low PHPJPY Price Change
2.18450 2.18450 2.17395 2.17845 -0.00605
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term down The long term trend has been DOWN since Jan 22nd, 2018 at 2.17655

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2018 at 2.22765

short term down The short term trend has been DOWN since Jan 9th, 2018 at 2.24970

Smart Scan Analysis for PHPJPY

Based on a pre-defined weighted trend formula for chart analysis, PHPJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.18450 2.18450 2.17395 2.17845 -0.00605
Prev. Close Volume Bid Ask Time
2.18450 2.17550 2.18140 2018-01-22 13:19:05
Want to analyze Philippine Peso/Japanese Yen PHPJPY or another symbol? Try our Free Forex Trend Analysis Report.