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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Japanese Yen/Philippine Peso (FOREX:JPYPHP)

Countertrend Down (-85) - JPYPHP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.36993828 0.37112484 0.36989789 0.37061291 +0.00067500
Entry Signal

MarketClub’s Trade Triangles for JPYPHP

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 0.36675302

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.36887908

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.37089377

Smart Scan Analysis for JPYPHP

Based on our trend formula, JPYPHP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JPYPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36993828 0.37112484 0.36989789 0.37061291 +0.00067500
Prev. Close Volume Bid Ask Time
0.36993828 2024-04-18 16:07:50
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