Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
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 Mar 16th, 2023 at 0.12860834
The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 0.12550253
The short-term trend has been DOWN since Mar 28th, 2023 at 0.12653279
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).