Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
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.
MarketClub’s Trade Triangles for AUDPHP
The long term trend has been DOWN since Apr 30th, 2018 at 38.9525
The intermediate term trend has been DOWN since Feb 6th, 2019 at 37.2910
The short term trend has been UP since Feb 13th, 2019 at 37.0320
Smart Scan Analysis for AUDPHP
Based on a pre-defined weighted trend formula for chart analysis, AUDPHP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).