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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Philippine Peso (FOREX:EURPHP)
Strong Uptrend (+100) - EURPHP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURPHP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Dec 27th, 2023 at 61.430
The intermediate-term trend has been UP since Jul 12th, 2024 at 63.555
The short-term trend has been UP since Jul 25th, 2024 at 63.646
Smart Scan Analysis for EURPHP
Based on our trend formula, EURPHP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.443 | 63.484 | 63.397 | 63.474 | +0.031 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.443 | 2024-07-26 14:00:14 |