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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Philippine Peso (FOREX:USDPHP)
Strong Uptrend (+100) - USDPHP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDPHP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPHP.
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 USDPHP
The long-term trend has been UP since Apr 4th, 2024 at 57.1225
The intermediate-term trend has been UP since Apr 3rd, 2024 at 56.6735
The short-term trend has been UP since Apr 24th, 2024 at 57.6305
Smart Scan Analysis for USDPHP
Based on our trend formula, USDPHP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.3865 | 57.8850 | 57.3865 | 57.8850 | +0.4985 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.3865 | 2024-04-24 18:57:45 |