Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Swiss Franc/Philippine Peso (FOREX:CHFPHP)
Sidelines Mode (-55) - CHFPHP 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 CHFPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFPHP
The long-term trend has been UP since Jun 23rd, 2022 at 56.955288
The intermediate-term trend has been DOWN since Mar 20th, 2023 at 58.185634
The short-term trend has been UP since Mar 22nd, 2023 at 59.239125
Smart Scan Analysis for CHFPHP
Based on our trend formula, CHFPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).