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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low PHPJPY Price Change
2.21330 2.21685 2.20300 2.20300 -0.01030
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term up The long term trend has been UP since Nov 2nd, 2017 at 2.21950

intermediate term up The intermediate term trend has been UP since Sep 13th, 2017 at 2.16175

short term down The short term trend has been DOWN since Nov 17th, 2017 at 2.21210

Smart Scan Analysis for PHPJPY

Based on a pre-defined weighted trend formula for chart analysis, PHPJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.21330 2.21685 2.20300 2.20300 -0.01030
Prev. Close Volume Bid Ask Time
2.21330 2.19990 2.20610 2017-11-17 13:42:34
Want to analyze Philippine Peso/Japanese Yen PHPJPY or another symbol? Try our Free Forex Trend Analysis Report.