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Forex Trend Analysis Report

Prepared for you on Sunday, April 28, 2024.

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
0.12023642 0.12104688 0.12015834 0.12100334 +0.00076700
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term up The long-term trend has been UP since Mar 12th, 2024 at 0.12535461

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.12107894

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.12281134

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
0.12023642 0.12104688 0.12015834 0.12100334 +0.00076700
Prev. Close Volume Bid Ask Time
0.12023642 2024-04-26 17:05:14
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