Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Euro/Philippine Peso (FOREX:EURPHP)
Weak Downtrend (-65) - EURPHP is showing signs of a strengthening downtrend. Monitor EURPHP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPHP.
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 EURPHP
The long-term trend has been UP since Jun 27th, 2022 at 58.113
The intermediate-term trend has been DOWN since Jul 11th, 2022 at 56.480
The short-term trend has been DOWN since Aug 15th, 2022 at 56.833
Smart Scan Analysis for EURPHP
Based on our trend formula, EURPHP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.403 | 56.454 | 56.204 | 56.204 | -0.199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.403 | 2022-08-19 15:57:42 |
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