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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Philippine Peso/Danish Krone (FOREX:PHPDKK)

Bull Market Weakness (+75) - PHPDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PHPDKK as it may be in the beginning stages 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.

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.13142149 0.13185257 0.13088995 0.13177150 +0.00035000
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term down The long-term trend has been DOWN since Jun 27th, 2022 at 0.12767024

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2022 at 0.13214280

short term up The short-term trend has been UP since Aug 4th, 2022 at 0.13182671

Smart Scan Analysis for PHPDKK

Based on our trend formula, PHPDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13142149 0.13185257 0.13088995 0.13177150 +0.00035000
Prev. Close Volume Bid Ask Time
0.13142149 2022-08-08 15:36:52
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