Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Euro/Philippine Peso (FOREX:EURPHP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURPHP
Open High Low EURPHP Price Change
61.4720 61.7136 61.3270 61.3770 -0.0950
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long term trend has been DOWN since May 1st, 2018 at 62.3461

intermediate term down The intermediate term trend has been DOWN since Apr 3rd, 2018 at 63.7279

short term down The short term trend has been DOWN since May 15th, 2018 at 62.0580

Smart Scan Analysis for EURPHP

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

-100
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.4720 61.7136 61.3270 61.3770 -0.0950
Prev. Close Volume Bid Ask Time
61.4720 61.2270 61.5270 2018-05-25 15:04:17
Want to analyze Euro/Philippine Peso EURPHP or another symbol? Try our Free Forex Trend Analysis Report.