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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Philippine Peso/Swedish Krona (FOREX:PHPSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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.

Open High Low PHPSEK Price Change
0.1835 0.1838 0.1830 0.1833 -0.0002
Entry Signal

MarketClub’s Trade Triangles for PHPSEK

long term up The long term trend has been UP since Apr 26th, 2018 at 0.16425

intermediate term up The intermediate term trend has been UP since Jul 5th, 2019 at 0.18405

short term down The short term trend has been DOWN since Jul 18th, 2019 at 0.18320

Smart Scan Analysis for PHPSEK

Based on a pre-defined weighted trend formula for chart analysis, PHPSEK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for PHPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1835 0.1838 0.1830 0.1833 -0.0002
Prev. Close Volume Bid Ask Time
0.1835 0.1832 0.1834 2019-07-18 14:11:27
Want to analyze Philippine Peso/Swedish Krona PHPSEK or another symbol? Try our Free Forex Trend Analysis Report.