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.
MarketClub’s Trade Triangles for EURPHP
The long-term trend has been DOWN since Nov 2nd, 2020 at 56.299
The intermediate-term trend has been UP since Nov 17th, 2020 at 57.376
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).