Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Philippine Peso/Hong Kong Dollar (FOREX:PHPHKD)
Bull Market Weakness (+75) - PHPHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PHPHKD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for PHPHKD
The long-term trend has been UP since Nov 20th, 2023 at 0.14256238
The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.13833647
The short-term trend has been DOWN since Nov 29th, 2023 at 0.14015794
Smart Scan Analysis for PHPHKD
Based on our trend formula, PHPHKD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).