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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

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
36.699562 36.887892 36.638875 36.826794 +0.127232
Entry Signal

MarketClub’s Trade Triangles for AUDPHP

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 35.882758

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 36.456847

short term up The short-term trend has been UP since Apr 17th, 2024 at 36.882909

Smart Scan Analysis for AUDPHP

Based on our trend formula, AUDPHP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.699562 36.887892 36.638875 36.826794 +0.127232
Prev. Close Volume Bid Ask Time
36.699562 2024-04-17 18:00:11
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