Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Euro/Philippine Peso (FOREX:EURPHP)
Bull Market Weakness (+75) - EURPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURPHP as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURPHP
The long-term trend has been UP since Dec 27th, 2023 at 61.430
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 60.355
The short-term trend has been UP since Apr 17th, 2024 at 60.814
Smart Scan Analysis for EURPHP
Based on our trend formula, EURPHP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.201 | 61.499 | 61.201 | 61.499 | +0.298 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.201 | 2024-04-23 10:02:43 |