Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Weak Downtrend (-65) - PHPDKK is showing signs of a strengthening downtrend. Monitor PHPDKK as it may be building momentum to the downside.
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 DOWN since Jul 22nd, 2020 at 0.13017892
The intermediate-term trend has been DOWN since Jul 20th, 2020 at 0.13157582
The short-term trend has been DOWN since Aug 13th, 2020 at 0.12881360
Smart Scan Analysis for PHPDKK
Based on our trend formula, PHPDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).