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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

US Dollar/Philippine Peso (FOREX:USDPHP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_USDPHP
Open High Low USDPHP Price Change
52.460 52.525 52.320 52.420 -0.040
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term down The long term trend has been DOWN since Nov 7th, 2018 at 52.7855

intermediate term down The intermediate term trend has been DOWN since Feb 10th, 2019 at 52.0150

short term down The short term trend has been DOWN since Feb 13th, 2019 at 51.9200

Smart Scan Analysis for USDPHP

Based on a pre-defined weighted trend formula for chart analysis, USDPHP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.460 52.525 52.320 52.420 -0.040
Prev. Close Volume Bid Ask Time
52.460 52.320 52.520 2019-02-15 18:24:45
Want to analyze US Dollar/Philippine Peso USDPHP or another symbol? Try our Free Forex Trend Analysis Report.