Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Philippine Peso/Hong Kong Dollar (FOREX:PHPHKD)

Crossroads (-60) - PHPHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	PHPHKD Price	Change
0.13360572	0.13441960	0.13340753	0.13344000	-0.00016600
Entry Signal

MarketClub’s Trade Triangles for PHPHKD

The long-term trend has been DOWN since May 13th, 2024 at 0.13493795

The intermediate-term trend has been UP since Jul 9th, 2024 at 0.13375000

The short-term trend has been UP since Jul 26th, 2024 at 0.13391308

Smart Scan Analysis for PHPHKD

Based on our trend formula, PHPHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.13360572	0.13441960	0.13340753	0.13344000	-0.00016600
Prev. Close	Volume	Bid	Ask	Time
0.13360572				2024-07-26 17:00:05

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