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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Australian Dollar/Philippine Peso (FOREX:AUDPHP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_AUDPHP
Open High Low AUDPHP Price Change
35.713 35.852 35.687 35.757 +0.044
Entry Signal

MarketClub’s Trade Triangles for AUDPHP

long term down The long term trend has been DOWN since Apr 30th, 2018 at 38.9525

intermediate term down The intermediate term trend has been DOWN since Apr 11th, 2019 at 36.9440

short term down The short term trend has been DOWN since Jul 16th, 2019 at 35.7255

Smart Scan Analysis for AUDPHP

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

-100
Smart Scan Analysis for AUDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.713 35.852 35.687 35.757 +0.044
Prev. Close Volume Bid Ask Time
35.713 35.704 35.810 2019-07-17 11:28:01
Want to analyze Australian Dollar/Philippine Peso AUDPHP or another symbol? Try our Free Forex Trend Analysis Report.