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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Philippine Peso (FOREX:EURPHP)
Sidelines Mode (-55) - EURPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 1st, 2024 at 63.555
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 62.263
The short-term trend has been UP since Nov 19th, 2024 at 62.148
Smart Scan Analysis for EURPHP
Based on our trend formula, EURPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.379 | 62.379 | 62.374 | 62.374 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.379 | 2024-11-20 01:29:25 |