Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Hong Kong Dollar/Philippine Peso (FOREX:HKDPHP)

Crossroads (+60) - HKDPHP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HKDPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDPHP
Open High Low HKDPHP Price Change
7.209787 7.231572 7.202622 7.219383 +0.009596
Entry Signal

MarketClub’s Trade Triangles for HKDPHP

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 7.048641

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 7.300308

short term up The short-term trend has been UP since Apr 12th, 2024 at 7.224743

Smart Scan Analysis for HKDPHP

Based on our trend formula, HKDPHP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HKDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.209787 7.231572 7.202622 7.219383 +0.009596
Prev. Close Volume Bid Ask Time
7.209787 2024-04-12 17:05:11
Get a free daily analysis and signals for Hong Kong Dollar/Philippine Peso (HKDPHP) - Request Your Free Report.