Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Australian Dollar/Philippine Peso (FOREX:AUDPHP)

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_AUDPHP
Open High Low AUDPHP Price Change
34.377374 34.405814 34.293901 34.293901 -0.083473
Entry Signal

MarketClub’s Trade Triangles for AUDPHP

long term down The long term trend has been DOWN since Apr 30th, 2018 at 38.952500

intermediate term down The intermediate term trend has been DOWN since Jan 24th, 2020 at 34.705817

short term down The short term trend has been DOWN since Jan 21st, 2020 at 34.965083

Smart Scan Analysis for AUDPHP

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

-100
Smart Scan Analysis for AUDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.377374 34.405814 34.293901 34.293901 -0.083473
Prev. Close Volume Bid Ask Time
34.377374 34.201863 34.385939 2020-01-29 05:59:55
Get a free daily report for Australian Dollar/Philippine Peso (AUDPHP) - Free Trend Analysis Report.