Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Philippine Peso/US Dollar (FOREX:PHPUSD)

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_PHPUSD
Open High Low PHPUSD Price Change
0.019163 0.019263 0.019162 0.019227 +0.000064
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term down The long term trend has been DOWN since Aug 15th, 2019 at 0.018954

intermediate term up The intermediate term trend has been UP since Sep 6th, 2019 at 0.019414

short term up The short term trend has been UP since Sep 20th, 2019 at 0.019190

Smart Scan Analysis for PHPUSD

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

+60
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019163 0.019263 0.019162 0.019227 +0.000064
Prev. Close Volume Bid Ask Time
0.019163 0.019224 0.019230 2019-09-20 12:41:24
Want to analyze Philippine Peso/US Dollar PHPUSD or another symbol? Try our Free Forex Trend Analysis Report.