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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Swiss Franc/Philippine Peso (FOREX:CHFPHP)

Crossroads (+60) - CHFPHP is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_CHFPHP
Open High Low CHFPHP Price Change
66.606142 66.792619 66.261372 66.324507 -0.281635
Entry Signal

MarketClub’s Trade Triangles for CHFPHP

long term down The long-term trend has been DOWN since Sep 8th, 2024 at 64.672647

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 66.930931

short term up The short-term trend has been UP since Oct 7th, 2024 at 66.637708

Smart Scan Analysis for CHFPHP

Based on our trend formula, CHFPHP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CHFPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.606142 66.792619 66.261372 66.324507 -0.281635
Prev. Close Volume Bid Ask Time
66.606142 2024-10-08 08:54:06
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