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.
MarketClub’s Trade Triangles for PHPDKK
The long-term trend has been DOWN since Dec 2nd, 2020 at 0.12795545
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.12708632
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).