Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Euro/Philippine Peso (FOREX:EURPHP)

Sidelines Mode (-55) - EURPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_EURPHP
Open High Low EURPHP Price Change
60.261 60.588 60.261 60.464 +0.203
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Nov 22nd, 2024 at 61.521

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 62.263

short term up The short-term trend has been UP since Jan 14th, 2025 at 60.428

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.261 60.588 60.261 60.464 +0.203
Prev. Close Volume Bid Ask Time
60.261 2025-01-20 09:26:41
Get a free daily analysis and signals for Euro/Philippine Peso (EURPHP) - Request Your Free Report.