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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Philippine Peso/New Zealand Dollar (FOREX:PHPNZD)

Sidelines Mode (-55) - PHPNZD 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 PHPNZD?

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

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

FOREX_PHPNZD
Open High Low PHPNZD Price Change
0.03109526 0.03110505 0.03107913 0.03109758 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for PHPNZD

long term down The long-term trend has been DOWN since Dec 12th, 2019 at 0.02981600

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 0.02995013

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 0.03088353

Smart Scan Analysis for PHPNZD

Based on our trend formula, PHPNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PHPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03109526 0.03110505 0.03107913 0.03109758 +0.00000200
Prev. Close Volume Bid Ask Time
0.03109526 0.03101386 0.03118130 2020-02-27 01:08:28
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