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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Bear Market Rally (-75) - PHPDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PHPDKK as it may be in the beginning of a reversal.
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 May 13th, 2024 at 0.11960358
The intermediate-term trend has been DOWN since Jul 12th, 2024 at 0.11744665
The short-term trend has been UP since Jul 26th, 2024 at 0.11785006
Smart Scan Analysis for PHPDKK
Based on our trend formula, PHPDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11762773 | 0.11837951 | 0.11735875 | 0.11750433 | -0.00012300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11762773 | 2024-07-26 17:00:05 |