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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.

FOREX_PHPDKK
Open High Low PHPDKK Price Change
0.12574493 0.12666054 0.12569046 0.12656091 +0.00081600
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term up The long-term trend has been UP since Mar 16th, 2023 at 0.12860834

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 0.12550253

short term down 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).

-60
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12574493 0.12666054 0.12569046 0.12656091 +0.00081600
Prev. Close Volume Bid Ask Time
0.12574493 2023-03-31 17:08:18
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