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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Philippine Peso/South African Rand (FOREX:PHPZAR)

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.

FOREX_PHPZAR
Open High Low PHPZAR Price Change
0.248470 0.249310 0.248250 0.249215 +0.000745
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

long term up The long term trend has been UP since May 1st, 2018 at 0.24175

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.25062

short term up The short term trend has been UP since Jul 18th, 2018 at 0.24894

Smart Scan Analysis for PHPZAR

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

+55
Smart Scan Analysis for PHPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.248470 0.249310 0.248250 0.249215 +0.000745
Prev. Close Volume Bid Ask Time
0.248470 0.249130 0.249300 2018-07-18 04:37:09
Want to analyze Philippine Peso/South African Rand PHPZAR or another symbol? Try our Free Forex Trend Analysis Report.