Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
New Zealand Dollar/Philippine Peso (FOREX:NZDPHP)
Long-Term Downtrend (-90) - NZDPHP is in a strong downtrend that is likely to continue. While NZDPHP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NZDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDPHP
The long-term trend has been DOWN since Feb 20th, 2020 at 31.967522
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 33.389079
The short-term trend has been DOWN since Mar 31st, 2020 at 30.292903
Smart Scan Analysis for NZDPHP
Based on our trend formula, NZDPHP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).