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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.

FOREX_EURPHP
Open High Low EURPHP Price Change
61.792 61.792 61.792 61.792 0.000
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Sep 6th, 2024 at 62.093

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2024 at 63.021

short term down 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).

-100
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways 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
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