Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Bull Market Weakness (+75) - PHPJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PHPJPY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PHPJPY?

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

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

FOREX_PHPJPY
Open High Low PHPJPY Price Change
2.6848802 2.6900043 2.6848802 2.6887460 +0.0038660
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term up The long-term trend has been UP since Feb 28th, 2024 at 2.7273484

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 2.6320104

short term up The short-term trend has been UP since Mar 18th, 2024 at 2.6845518

Smart Scan Analysis for PHPJPY

Based on our trend formula, PHPJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6848802 2.6900043 2.6848802 2.6887460 +0.0038660
Prev. Close Volume Bid Ask Time
2.6848802 2024-03-19 00:20:13
Get a free daily analysis and signals for Philippine Peso/Japanese Yen (PHPJPY) - Request Your Free Report.