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Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

US Dollar/Philippine Peso (FOREX:USDPHP)

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_USDPHP
Open High Low USDPHP Price Change
52.5600 52.5680 52.3835 52.4640 -0.0960
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term down The long term trend has been DOWN since Nov 7th, 2018 at 52.7855

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2018 at 53.8870

short term down The short term trend has been DOWN since Nov 14th, 2018 at 52.9905

Smart Scan Analysis for USDPHP

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

-100
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.5600 52.5680 52.3835 52.4640 -0.0960
Prev. Close Volume Bid Ask Time
52.5600 52.4540 52.4740 2018-11-20 12:38:29
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.