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Forex Trend Analysis Report

Prepared for you on Monday, June 25, 2018.

US Dollar/Philippine Peso (FOREX:USDPHP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_USDPHP
Open High Low USDPHP Price Change
53.3855 53.4405 53.3605 53.4105 +0.0250
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term up The long term trend has been UP since Feb 1st, 2018 at 51.6940

intermediate term up The intermediate term trend has been UP since May 14th, 2018 at 52.6250

short term down The short term trend has been DOWN since Jun 19th, 2018 at 53.2685

Smart Scan Analysis for USDPHP

Based on a pre-defined weighted trend formula for chart analysis, USDPHP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.3855 53.4405 53.3605 53.4105 +0.0250
Prev. Close Volume Bid Ask Time
53.3855 53.4050 53.4160 2018-06-25 04:01:12
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.