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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/Philippine Peso (FOREX:GBPPHP)

Crossroads (-60) - GBPPHP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
65.959802 65.981563 65.736574 65.797815 -0.161987
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long-term trend has been UP since Oct 16th, 2019 at 65.598500

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2020 at 65.636034

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 65.764573

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.959802 65.981563 65.736574 65.797815 -0.161987
Prev. Close Volume Bid Ask Time
65.959802 65.617721 65.977909 2020-02-17 17:07:57
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