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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Euro/Philippine Peso (FOREX:EURPHP)
Strong Downtrend (-100) - EURPHP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURPHP continues to fall. Traders should use caution and set stops.
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 DOWN since Sep 6th, 2024 at 62.093
The intermediate-term trend has been DOWN since Aug 1st, 2024 at 63.021
The short-term trend has been DOWN since Sep 5th, 2024 at 62.324
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 |
|---|---|---|---|---|
| 61.792 | 61.792 | 61.792 | 61.792 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.792 | 2024-09-07 04:49:22 |