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.
MarketClub’s Trade Triangles for GBPPHP
The long-term trend has been DOWN since Mar 2nd, 2020 at 65.132972
The intermediate-term trend has been UP since Jun 1st, 2020 at 62.541767
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).