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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Euro/Philippine Peso (FOREX:EURPHP)

Sidelines Mode (+55) - EURPHP 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 EURPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURPHP
Open High Low EURPHP Price Change
60.596 60.596 60.596 60.596 0.000
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long-term trend has been UP since Dec 27th, 2023 at 61.430

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 60.278

short term up The short-term trend has been UP since Mar 18th, 2024 at 60.658

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.596 60.596 60.596 60.596 0.000
Prev. Close Volume Bid Ask Time
60.596 2024-03-19 00:21:09
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