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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Japanese Yen/Philippine Peso (FOREX:JPYPHP)

Crossroads (+60) - JPYPHP 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 JPYPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYPHP
Open High Low JPYPHP Price Change
0.38184272 0.38200611 0.38174084 0.38200611 +0.00016300
Entry Signal

MarketClub’s Trade Triangles for JPYPHP

long term down The long-term trend has been DOWN since Mar 1st, 2023 at 0.40231570

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 0.37863620

short term up The short-term trend has been UP since Dec 7th, 2023 at 0.37786987

Smart Scan Analysis for JPYPHP

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

+60
Smart Scan Analysis for JPYPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38184272 0.38200611 0.38174084 0.38200611 +0.00016300
Prev. Close Volume Bid Ask Time
0.38184272 2023-12-11 00:36:46
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