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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

South African Rand/Philippine Peso (FOREX:ZARPHP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_ZARPHP
Open High Low ZARPHP Price Change
4.20735 4.23840 4.18715 4.22445 +0.01710
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term down The long term trend has been DOWN since May 1st, 2018 at 4.13645

intermediate term down The intermediate term trend has been DOWN since Apr 6th, 2018 at 4.30705

short term up The short term trend has been UP since May 23rd, 2018 at 4.18175

Smart Scan Analysis for ZARPHP

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

-65
Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.20735 4.23840 4.18715 4.22445 +0.01710
Prev. Close Volume Bid Ask Time
4.20735 4.22300 4.22590 2018-05-24 21:33:01
Want to analyze South African Rand/Philippine Peso ZARPHP or another symbol? Try our Free Forex Trend Analysis Report.