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.
MarketClub’s Trade Triangles for JPYPHP
The long-term trend has been DOWN since Mar 1st, 2023 at 0.40231570
The intermediate-term trend has been UP since Nov 29th, 2023 at 0.37863620
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).