Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

US Dollar/Philippine Peso (FOREX:USDPHP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low USDPHP Price Change
50.8150 50.9550 50.7105 50.7855 -0.0295
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term down The long term trend has been DOWN since Apr 12th, 2019 at 51.6615

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2019 at 51.0400

short term down The short term trend has been DOWN since Dec 5th, 2019 at 50.8650

Smart Scan Analysis for USDPHP

Based on a pre-defined weighted trend formula for chart analysis, USDPHP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.8150 50.9550 50.7105 50.7855 -0.0295
Prev. Close Volume Bid Ask Time
50.8150 50.7330 50.8380 2019-12-06 16:59:31
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.