Forex Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Crossroads (-60) - PHPDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for PHPDKK
The long-term trend has been UP since Aug 25th, 2021 at 0.12930099
The intermediate-term trend has been DOWN since Dec 28th, 2021 at 0.13025015
The short-term trend has been DOWN since Jan 7th, 2022 at 0.12808291
Smart Scan Analysis for PHPDKK
Based on our trend formula, PHPDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).