Forex Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
Bear Market Rally (-75) - AUDPHP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDPHP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AUDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDPHP
The long-term trend has been DOWN since Aug 1st, 2023 at 36.271442
The intermediate-term trend has been DOWN since Aug 18th, 2023 at 36.029205
The short-term trend has been DOWN since Sep 21st, 2023 at 36.392552
Smart Scan Analysis for AUDPHP
Based on our trend formula, AUDPHP is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).