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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Philippine Peso/US Dollar (FOREX:PHPUSD)
Weak Downtrend (-65) - PHPUSD is showing signs of a strengthening downtrend. Monitor PHPUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PHPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPUSD.
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 PHPUSD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.01751766
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.01751766
The short-term trend has been DOWN since May 8th, 2024 at 0.01740993
Smart Scan Analysis for PHPUSD
Based on our trend formula, PHPUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01743026 | 0.01744059 | 0.01741540 | 0.01743634 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01743026 | 2024-05-09 00:42:28 |