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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.

FOREX_NZDPHP
Open High Low NZDPHP Price Change
30.307153 30.321127 30.060879 30.200298 -0.106855
Entry Signal

MarketClub’s Trade Triangles for NZDPHP

long term down The long-term trend has been DOWN since Feb 20th, 2020 at 31.967522

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 33.389079

short term down 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).

-90
Smart Scan Analysis for NZDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.307153 30.321127 30.060879 30.200298 -0.106855
Prev. Close Volume Bid Ask Time
30.307153 30.118986 30.281610 2020-04-01 13:37:38
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