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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

British Pound/Philippine Peso (FOREX:GBPPHP)

Bull Market Weakness (+75) - GBPPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPPHP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPPHP
Open High Low GBPPHP Price Change
62.873015 63.189533 62.747980 63.189533 +0.316518
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 65.132972

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 62.541767

short term up The short-term trend has been UP since May 18th, 2020 at 61.973692

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.873015 63.189533 62.747980 63.189533 +0.316518
Prev. Close Volume Bid Ask Time
62.873015 63.020994 63.358071 2020-06-02 05:13:50
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