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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Philippine Peso/US Dollar (FOREX:PHPUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_PHPUSD
Open High Low PHPUSD Price Change
0.018481 0.018481 0.018431 0.018436 -0.000045
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term down The long term trend has been DOWN since Feb 2nd, 2018 at 0.019350

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 0.018659

short term down The short term trend has been DOWN since Sep 21st, 2018 at 0.018458

Smart Scan Analysis for PHPUSD

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

-100
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.018481 0.018481 0.018431 0.018436 -0.000045
Prev. Close Volume Bid Ask Time
0.018481 0.018433 0.018438 2018-09-23 23:27:27
Want to analyze Philippine Peso/US Dollar PHPUSD or another symbol? Try our Free Forex Trend Analysis Report.