Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Philippine Peso/Danish Krone (FOREX:PHPDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PHPDKK
The long term trend has been UP since Aug 10th, 2018 at 0.12255
The intermediate term trend has been UP since Aug 30th, 2019 at 0.13022
The short term trend has been UP since Sep 20th, 2019 at 0.12986
Smart Scan Analysis for PHPDKK
Based on a pre-defined weighted trend formula for chart analysis, PHPDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).