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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

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
0.12244158 0.12244158 0.12206615 0.12214238 -0.00029900
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term up The long-term trend has been UP since Mar 12th, 2024 at 0.12535461

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 0.12390112

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.12281134

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
0.12244158 0.12244158 0.12206615 0.12214238 -0.00029900
Prev. Close Volume Bid Ask Time
0.12244158 2024-04-18 06:30:02
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