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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 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.

Open High Low PHPZAR Price Change
0.23770 0.23880 0.23594 0.23637 -0.00133
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

long term up The long term trend has been UP since May 1st, 2018 at 0.241750

intermediate term up The intermediate term trend has been UP since Apr 6th, 2018 at 0.232180

short term down The short term trend has been DOWN since May 23rd, 2018 at 0.239135

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).

Smart Scan Analysis for PHPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23770 0.23880 0.23594 0.23637 -0.00133
Prev. Close Volume Bid Ask Time
0.23770 0.23628 0.23646 2018-05-24 23:19:24
Want to analyze Philippine Peso/South African Rand PHPZAR or another symbol? Try our Free Forex Trend Analysis Report.