Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
US Dollar/Philippine Peso (FOREX:USDPHP)
Sidelines Mode (-55) - USDPHP 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 USDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for USDPHP
The long-term trend has been DOWN since Mar 12th, 2024 at 55.139
The intermediate-term trend has been DOWN since Mar 8th, 2024 at 55.562
The short-term trend has been UP since Mar 15th, 2024 at 55.609
Smart Scan Analysis for USDPHP
Based on our trend formula, USDPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
56.2615 | 56.3550 | 56.2450 | 56.3200 | +0.0585 |
Prev. Close | Volume | Bid | Ask | Time |
56.2615 | 2024-03-28 05:08:42 |