Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_PHPJPY
Open High Low PHPJPY Price Change
2.09205 2.10415 2.09205 2.10330 +0.01125
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 up The intermediate term trend has been UP since Apr 5th, 2018 at 2.06390

short term up The short term trend has been UP since Apr 19th, 2018 at 2.06430

Smart Scan Analysis for PHPJPY

Based on a pre-defined weighted trend formula for chart analysis, PHPJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.09205 2.10415 2.09205 2.10330 +0.01125
Prev. Close Volume Bid Ask Time
2.09205 2.09830 2.10830 2018-04-26 22:47:17
Want to analyze Philippine Peso/Japanese Yen PHPJPY or another symbol? Try our Free Forex Trend Analysis Report.