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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Euro/Philippine Peso (FOREX:EURPHP)

Crossroads (+60) - EURPHP is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_EURPHP
Open High Low EURPHP Price Change
56.077 56.246 56.002 56.017 -0.060
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 54.556

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 55.414

short term up The short-term trend has been UP since May 27th, 2020 at 55.497

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.077 56.246 56.002 56.017 -0.060
Prev. Close Volume Bid Ask Time
56.077 55.867 56.167 2020-05-29 17:18:38
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