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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.

FOREX_AUDPHP
Open High Low AUDPHP Price Change
36.514671 36.676360 36.384520 36.574835 +0.060164
Entry Signal

MarketClub’s Trade Triangles for AUDPHP

long term down The long-term trend has been DOWN since Aug 1st, 2023 at 36.271442

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2023 at 36.029205

short term down 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).

-80
Smart Scan Analysis for AUDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.514671 36.676360 36.384520 36.574835 +0.060164
Prev. Close Volume Bid Ask Time
36.514671 2023-09-26 15:13:20
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