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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swiss Franc/Philippine Peso (FOREX:CHFPHP)
Sidelines Mode (-55) - CHFPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFPHP.
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 CHFPHP
The long-term trend has been DOWN since Mar 5th, 2024 at 62.912213
The intermediate-term trend has been UP since Apr 18th, 2024 at 63.065978
The short-term trend has been DOWN since Apr 29th, 2024 at 63.005730
Smart Scan Analysis for CHFPHP
Based on our trend formula, CHFPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.162212 | 63.223959 | 63.097964 | 63.141237 | -0.020975 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.162212 | 2024-05-09 02:46:18 |