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.
MarketClub’s Trade Triangles for GBPPHP
The long-term trend has been UP since Oct 16th, 2019 at 65.598500
The intermediate-term trend has been DOWN since Feb 10th, 2020 at 65.636034
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).