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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Philippine Peso/Danish Krone (FOREX:PHPDKK)

Countertrend Down (-85) - PHPDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.12521642 0.12663849 0.12521642 0.12633870 +0.00112200
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term down The long-term trend has been DOWN since Dec 2nd, 2020 at 0.12795545

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.12708632

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.12608111

Smart Scan Analysis for PHPDKK

Based on our trend formula, PHPDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12521642 0.12663849 0.12521642 0.12633870 +0.00112200
Prev. Close Volume Bid Ask Time
0.12521642 2021-02-26 17:12:08
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