Forex Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Philippine Peso/Euro (FOREX:PHPEUR)
Weak Uptrend (+65) - PHPEUR is showing signs of weakening momentum to the upside. Monitor PHPEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PHPEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PHPEUR
The long-term trend has been UP since Sep 27th, 2023 at 0.01670157
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.01649712
The short-term trend has been UP since Nov 30th, 2023 at 0.01649930
Smart Scan Analysis for PHPEUR
Based on our trend formula, PHPEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).