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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Philippine Peso/US Dollar (FOREX:PHPUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

FOREX_PHPUSD
Open High Low PHPUSD Price Change
0.018940 0.018993 0.018916 0.018916 -0.000024
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term down The long term trend has been DOWN since Mar 12th, 2019 at 0.018780

intermediate term down The intermediate term trend has been DOWN since Mar 11th, 2019 at 0.019058

short term up The short term trend has been UP since Mar 11th, 2019 at 0.019189

Smart Scan Analysis for PHPUSD

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

-85
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.018940 0.018993 0.018916 0.018916 -0.000024
Prev. Close Volume Bid Ask Time
0.018940 0.018916 0.018917 2019-03-19 05:44:14
Want to analyze Philippine Peso/US Dollar PHPUSD or another symbol? Try our Free Forex Trend Analysis Report.