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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for HKDPHP
The long-term trend has been UP since May 13th, 2024 at 7.413754
The intermediate-term trend has been DOWN since Jul 9th, 2024 at 7.476637
The short-term trend has been DOWN since Jul 26th, 2024 at 7.467552
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.484709 | 7.495852 | 7.439700 | 7.494027 | +0.009318 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.484709 | 2024-07-26 17:00:05 |