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.
MarketClub’s Trade Triangles for PHPHKD
The long-term trend has been DOWN since Dec 28th, 2021 at 0.15395900
The intermediate-term trend has been DOWN since Dec 28th, 2021 at 0.15439088
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).