Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Euro/Philippine Peso (FOREX:EURPHP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURPHP
Open High Low EURPHP Price Change
56.680 56.758 56.564 56.575 -0.105
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long term trend has been UP since Jan 6th, 2020 at 57.175

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 56.126

short term up The short term trend has been UP since Jan 14th, 2020 at 56.367

Smart Scan Analysis for EURPHP

Based on a pre-defined weighted trend formula for chart analysis, EURPHP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.680 56.758 56.564 56.575 -0.105
Prev. Close Volume Bid Ask Time
56.680 56.425 56.725 2020-01-17 06:34:46
Get a free daily report for Euro/Philippine Peso (EURPHP) - Free Trend Analysis Report.