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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for JPYPHP
The long-term trend has been DOWN since Sep 8th, 2024 at 0.35711698
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 0.37795504
The short-term trend has been UP since Nov 19th, 2024 at 0.38190548
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37984069 | 0.37985496 | 0.37847039 | 0.37898609 | -0.00085500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37984069 | 2024-11-20 03:34:12 |