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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Philippine Peso/Hong Kong Dollar (FOREX:PHPHKD)

Countertrend Down (-85) - PHPHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid PHPHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPHKD
Open High Low PHPHKD Price Change
0.15149596 0.15198781 0.15139143 0.15196280 +0.00046700
Entry Signal

MarketClub’s Trade Triangles for PHPHKD

long term down The long-term trend has been DOWN since Dec 28th, 2021 at 0.15395900

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2021 at 0.15439088

short term up The short-term trend has been UP since Jan 19th, 2022 at 0.15222118

Smart Scan Analysis for PHPHKD

Based on our trend formula, PHPHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PHPHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15149596 0.15198781 0.15139143 0.15196280 +0.00046700
Prev. Close Volume Bid Ask Time
0.15149596 2022-01-21 17:04:04
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