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Forex Trend Analysis Report
Prepared for you on Thursday, February 6, 2025.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Sidelines Mode (-55) - PHPDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PHPDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPDKK.
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 PHPDKK
The long-term trend has been DOWN since Nov 1st, 2024 at 0.11722997
The intermediate-term trend has been DOWN since Jan 24th, 2025 at 0.12162773
The short-term trend has been UP since Jan 31st, 2025 at 0.12332638
Smart Scan Analysis for PHPDKK
Based on our trend formula, PHPDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12353235 | 0.12402522 | 0.12344293 | 0.12395042 | +0.00041800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12353235 | 2025-02-06 23:42:55 |