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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Philippine Peso/Swedish Krona (FOREX:PHPSEK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

Open High Low PHPSEK Price Change
0.16300 0.16385 0.16290 0.16355 +0.00055
Entry Signal

MarketClub’s Trade Triangles for PHPSEK

long term down The long term trend has been DOWN since Jan 24th, 2018 at 0.15645

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 0.15925

short term up The short term trend has been UP since Apr 20th, 2018 at 0.16170

Smart Scan Analysis for PHPSEK

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

Smart Scan Analysis for PHPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16300 0.16385 0.16290 0.16355 +0.00055
Prev. Close Volume Bid Ask Time
0.16300 0.16340 0.16370 2018-04-25 14:37:27
Want to analyze Philippine Peso/Swedish Krona PHPSEK or another symbol? Try our Free Forex Trend Analysis Report.