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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Euro/Philippine Peso (FOREX:EURPHP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

Open High Low EURPHP Price Change
62.2500 62.3505 62.0420 62.3370 +0.0870
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 up The intermediate term trend has been UP since Jun 11th, 2018 at 62.3130

short term down The short term trend has been DOWN since Jul 18th, 2018 at 62.2870

Smart Scan Analysis for EURPHP

Based on a pre-defined weighted trend formula for chart analysis, EURPHP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.2500 62.3505 62.0420 62.3370 +0.0870
Prev. Close Volume Bid Ask Time
62.2500 62.3170 62.3570 2018-07-18 14:04:20
Want to analyze Euro/Philippine Peso EURPHP or another symbol? Try our Free Forex Trend Analysis Report.