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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

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
74.55054 74.66719 74.44566 74.50129 -0.04925
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long-term trend has been UP since Mar 21st, 2024 at 72.85041

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 72.42614

short term up The short-term trend has been UP since Jun 24th, 2024 at 74.85905

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
74.55054 74.66719 74.44566 74.50129 -0.04925
Prev. Close Volume Bid Ask Time
74.55054 2024-06-25 11:56:26
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