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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Philippine Peso/New Zealand Dollar (FOREX:PHPNZD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_PHPNZD
Open High Low PHPNZD Price Change
0.028033 0.028097 0.028008 0.028067 +0.000034
Entry Signal

MarketClub’s Trade Triangles for PHPNZD

long term up The long term trend has been UP since May 1st, 2018 at 0.027510

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.027876

short term down The short term trend has been DOWN since Sep 12th, 2018 at 0.028331

Smart Scan Analysis for PHPNZD

Based on a pre-defined weighted trend formula for chart analysis, PHPNZD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for PHPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028033 0.028097 0.028008 0.028067 +0.000034
Prev. Close Volume Bid Ask Time
0.028033 0.028059 0.028076 2018-09-18 13:57:17
Want to analyze Philippine Peso/New Zealand Dollar PHPNZD or another symbol? Try our Free Forex Trend Analysis Report.