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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Philippine Peso/South African Rand (FOREX:PHPZAR)
Countertrend Down (-85) - PHPZAR 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 PHPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPZAR.
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 PHPZAR
The long-term trend has been DOWN since Apr 8th, 2024 at 0.32814544
The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.33511394
The short-term trend has been UP since Apr 18th, 2024 at 0.33517546
Smart Scan Analysis for PHPZAR
Based on our trend formula, PHPZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33511838 | 0.33516748 | 0.33131467 | 0.33135931 | -0.00375900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33511838 | 2024-04-19 16:40:03 |