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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Philippine Peso/South African Rand (FOREX:PHPZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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_PHPZAR
Open High Low PHPZAR Price Change
0.273515 0.274375 0.273120 0.273985 +0.000470
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

long term up The long term trend has been UP since Oct 8th, 2017 at 0.269640

intermediate term up The intermediate term trend has been UP since Oct 25th, 2017 at 0.270215

short term down The short term trend has been DOWN since Nov 16th, 2017 at 0.279935

Smart Scan Analysis for PHPZAR

Based on a pre-defined weighted trend formula for chart analysis, PHPZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for PHPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.273515 0.274375 0.273120 0.273985 +0.000470
Prev. Close Volume Bid Ask Time
0.273515 0.273890 0.274080 2017-11-23 06:27:09
Want to analyze Philippine Peso/South African Rand PHPZAR or another symbol? Try our Free Forex Trend Analysis Report.