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.
MarketClub’s Trade Triangles for EURPHP
The long-term trend has been UP since Dec 2nd, 2020 at 58.172
The intermediate-term trend has been UP since Feb 16th, 2021 at 58.538
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).