Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PHPDKK
The long-term trend has been DOWN since Nov 1st, 2024 at 0.11722997
The intermediate-term trend has been UP since Nov 7th, 2024 at 0.11981357
The short-term trend has been DOWN since Nov 19th, 2024 at 0.11984849
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11957956 | 0.11971347 | 0.11954180 | 0.11967388 | +0.00009400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11957956 | 2024-11-20 03:45:47 |