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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Hong Kong Dollar/Philippine Peso (FOREX:HKDPHP)

Strong Uptrend (+100) - HKDPHP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDPHP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid HKDPHP?

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

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

FOREX_HKDPHP
Open High Low HKDPHP Price Change
7.508348 7.540437 7.496831 7.537081 +0.028733
Entry Signal

MarketClub’s Trade Triangles for HKDPHP

long term up The long-term trend has been UP since Oct 23rd, 2024 at 7.533703

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 7.274090

short term up The short-term trend has been UP since Oct 22nd, 2024 at 7.445267

Smart Scan Analysis for HKDPHP

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

+100
Smart Scan Analysis for HKDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.508348 7.540437 7.496831 7.537081 +0.028733
Prev. Close Volume Bid Ask Time
7.508348 2024-10-25 17:06:22
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