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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.

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.12704822 0.12718160 0.12627364 0.12698425 -0.00006400
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term up The long-term trend has been UP since Aug 25th, 2021 at 0.12930099

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2021 at 0.13025015

short term down 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).

-60
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12704822 0.12718160 0.12627364 0.12698425 -0.00006400
Prev. Close Volume Bid Ask Time
0.12704822 2022-01-14 16:37:20
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