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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Philippine Peso/New Zealand Dollar (FOREX:PHPNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_PHPNZD
Open High Low PHPNZD Price Change
0.027928 0.028066 0.027925 0.027995 +0.000067
Entry Signal

MarketClub’s Trade Triangles for PHPNZD

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 0.027561

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 0.028345

short term up The short term trend has been UP since Feb 19th, 2019 at 0.027973

Smart Scan Analysis for PHPNZD

Based on a pre-defined weighted trend formula for chart analysis, PHPNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for PHPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.027928 0.028066 0.027925 0.027995 +0.000067
Prev. Close Volume Bid Ask Time
0.027928 0.027955 0.028035 2019-02-20 10:57:05
Want to analyze Philippine Peso/New Zealand Dollar PHPNZD or another symbol? Try our Free Forex Trend Analysis Report.