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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
British Pound/Philippine Peso (FOREX:GBPPHP)
Countertrend Up (+85) - GBPPHP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for GBPPHP
The long-term trend has been UP since Mar 21st, 2024 at 72.85041
The intermediate-term trend has been UP since Mar 21st, 2024 at 72.42614
The short-term trend has been UP since Apr 15th, 2024 at 71.03917
Smart Scan Analysis for GBPPHP
Based on our trend formula, GBPPHP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 70.77943 | 71.08147 | 70.74590 | 70.95288 | +0.17345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.77943 | 2024-04-16 11:00:36 |