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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Philippine Peso/Hong Kong Dollar (FOREX:PHPHKD)

Strong Downtrend (-100) - PHPHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PHPHKD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PHPHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPHKD
Open High Low PHPHKD Price Change
0.13216360 0.13221437 0.13193000 0.13194856 -0.00021500
Entry Signal

MarketClub’s Trade Triangles for PHPHKD

long term down The long-term trend has been DOWN since Oct 25th, 2024 at 0.13273724

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.13747765

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.13212048

Smart Scan Analysis for PHPHKD

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

-100
Smart Scan Analysis for PHPHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13216360 0.13221437 0.13193000 0.13194856 -0.00021500
Prev. Close Volume Bid Ask Time
0.13216360 2024-11-20 03:27:40
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