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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Euro/Philippine Peso (FOREX:EURPHP)

Bull Market Weakness (+75) - EURPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURPHP as it may be in the beginning stages of a reversal.

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
57.525 57.702 57.467 57.693 +0.168
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 56.299

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 57.376

short term up The short-term trend has been UP since Nov 17th, 2020 at 57.298

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.525 57.702 57.467 57.693 +0.168
Prev. Close Volume Bid Ask Time
57.525 2020-12-01 09:19:38
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