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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
Countertrend Up (+85) - AUDPHP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AUDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDPHP
The long-term trend has been UP since May 6th, 2024 at 37.951266
The intermediate-term trend has been UP since Apr 24th, 2024 at 37.553194
The short-term trend has been DOWN since May 8th, 2024 at 37.649514
Smart Scan Analysis for AUDPHP
Based on our trend formula, AUDPHP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.758766 | 37.863680 | 37.623287 | 37.839189 | +0.080423 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.758766 | 2024-05-09 09:56:14 |