Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Euro/Philippine Peso (FOREX:EURPHP)

Countertrend Up (+85) - EURPHP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
59.387 59.387 58.721 58.858 -0.529
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long-term trend has been UP since Dec 2nd, 2020 at 58.172

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 58.538

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 58.984

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.387 59.387 58.721 58.858 -0.529
Prev. Close Volume Bid Ask Time
59.387 2021-02-26 17:12:08
Get a free daily analysis and signals for Euro/Philippine Peso (EURPHP) - Request Your Free Report.