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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.

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.12353235 0.12402522 0.12344293 0.12395042 +0.00041800
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 0.11722997

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2025 at 0.12162773

short term up 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).

-55
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways 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
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