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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Philippine Peso/Norwegian Krone (FOREX:PHPNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_PHPNOK
Open High Low PHPNOK Price Change
0.17190 0.17190 0.17095 0.17095 -0.00095
Entry Signal

MarketClub’s Trade Triangles for PHPNOK

long term up The long term trend has been UP since May 2nd, 2019 at 0.1685

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 0.1682

short term down The short term trend has been DOWN since Aug 21st, 2019 at 0.1712

Smart Scan Analysis for PHPNOK

Based on a pre-defined weighted trend formula for chart analysis, PHPNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for PHPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17190 0.17190 0.17095 0.17095 -0.00095
Prev. Close Volume Bid Ask Time
0.17190 0.17090 0.17100 2019-08-23 14:22:03
Want to analyze Philippine Peso/Norwegian Krone PHPNOK or another symbol? Try our Free Forex Trend Analysis Report.