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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_DKKPHP
Open High Low DKKPHP Price Change
7.548612 7.554168 7.509699 7.516445 -0.032167
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long term trend has been DOWN since Aug 10th, 2018 at 8.159750

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2019 at 7.560909

short term down The short term trend has been DOWN since Dec 6th, 2019 at 7.536230

Smart Scan Analysis for DKKPHP

Based on a pre-defined weighted trend formula for chart analysis, DKKPHP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.548612 7.554168 7.509699 7.516445 -0.032167
Prev. Close Volume Bid Ask Time
7.548612 7.496370 7.536519 2019-12-06 16:27:45
Want to analyze Danish Krone/Philippine Peso DKKPHP or another symbol? Try our Free Forex Trend Analysis Report.