Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
Bull Market Weakness (+75) - AUDPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDPHP as it may be in the beginning stages 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 Oct 29th, 2020 at 33.997288
The intermediate-term trend has been UP since Nov 5th, 2020 at 35.075502
The short-term trend has been UP since Nov 23rd, 2020 at 35.298356
Smart Scan Analysis for AUDPHP
Based on our trend formula, AUDPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).