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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi Offshore/Philippine Peso (FOREX:CNHPHP)
Sidelines Mode (-55) - CNHPHP 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 CNHPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNHPHP
The long-term trend has been DOWN since Jan 1st, 2025 at 7.888466
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 7.930100
The short-term trend has been UP since Feb 12th, 2025 at 7.971250
Smart Scan Analysis for CNHPHP
Based on our trend formula, CNHPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.978619 | 7.978784 | 7.978619 | 7.978784 | +0.000165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.978619 | 2025-02-22 03:14:12 |