Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Euro/Philippine Peso (FOREX:EURPHP)

Weak Uptrend (+65) - EURPHP is showing signs of weakening momentum to the upside. Monitor 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
61.201 61.499 61.201 61.395 +0.194
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long-term trend has been UP since Dec 27th, 2023 at 61.430

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 60.355

short term up The short-term trend has been UP since Apr 17th, 2024 at 60.814

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a +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
61.201 61.499 61.201 61.395 +0.194
Prev. Close Volume Bid Ask Time
61.434 2024-04-23 22:25:50
Get a free daily analysis and signals for Euro/Philippine Peso (EURPHP) - Request Your Free Report.