Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Sidelines Mode (-50) - PHPDKK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PHPDKK can gain momentum.
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.
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MarketClub’s Trade Triangles for PHPDKK
The long-term trend has been UP since Mar 12th, 2024 at 0.12535461
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.12035629
The short-term trend has been DOWN since Mar 18th, 2024 at 0.12293125
Smart Scan Analysis for PHPDKK
Based on our trend formula, PHPDKK is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.12307359 | 0.12308558 | 0.11994579 | 0.12285159 | -0.00022200 |
Prev. Close | Volume | Bid | Ask | Time |
0.12307359 | 2024-03-19 08:30:40 |