Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Philippine Peso/Danish Krone (FOREX:PHPDKK)

Weak Downtrend (-65) - PHPDKK is showing signs of a strengthening downtrend. Monitor PHPDKK as it may be building momentum to the downside.

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
0.12925337 0.12934040 0.12920489 0.12934040 +0.00008700
Entry Signal

MarketClub’s Trade Triangles for PHPDKK

long term down The long-term trend has been DOWN since Jul 22nd, 2020 at 0.13017892

intermediate term down The intermediate-term trend has been DOWN since Jul 20th, 2020 at 0.13157582

short term down The short-term trend has been DOWN since Aug 13th, 2020 at 0.12881360

Smart Scan Analysis for PHPDKK

Based on our trend formula, PHPDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PHPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12925337 0.12934040 0.12920489 0.12934040 +0.00008700
Prev. Close Volume Bid Ask Time
0.12925337 0.12900350 0.12967730 2020-08-14 02:53:45
Get a free daily analysis and signals for Philippine Peso/Danish Krone (PHPDKK) - Request Your Free Report.