Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

Philippine Peso/Danish Krone (FOREX:PHPDKK)

Strong Downtrend (-100) - PHPDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.12574053 0.12608111 0.12560123 0.12578520 +0.00004500
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term down The long-term trend has been DOWN since Dec 2nd, 2020 at 0.12795545

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.12708632

short term down The short-term trend has been DOWN since Feb 8th, 2021 at 0.12840932

Smart Scan Analysis for PHPDKK

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

-100
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12574053 0.12608111 0.12560123 0.12578520 +0.00004500
Prev. Close Volume Bid Ask Time
0.12574053 2021-02-24 17:43:20
Get a free daily analysis and signals for Philippine Peso/Danish Krone (PHPDKK) - Request Your Free Report.