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.
MarketClub’s Trade Triangles for EURPHP
The long-term trend has been DOWN since Mar 19th, 2020 at 54.556
The intermediate-term trend has been UP since May 18th, 2020 at 55.414
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).