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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Philippine Peso/British Pound (FOREX:PHPGBP)
Countertrend Down (-85) - PHPGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PHPGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPGBP.
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 PHPGBP
The long-term trend has been DOWN since Dec 27th, 2023 at 0.01378304
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.01391400
The short-term trend has been UP since Apr 22nd, 2024 at 0.01406774
Smart Scan Analysis for PHPGBP
Based on our trend formula, PHPGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01410370 | 0.01410370 | 0.01398022 | 0.01400216 | -0.00010200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01410370 | 2024-04-23 12:34:44 |