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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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
60.868 60.894 60.704 60.741 -0.127
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 up The intermediate-term trend has been UP since Mar 20th, 2024 at 61.300

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 60.753

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
60.868 60.894 60.704 60.741 -0.127
Prev. Close Volume Bid Ask Time
60.868 2024-03-28 07:33:33
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