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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Philippine Peso/Euro (FOREX:PHPEUR)
Sidelines Mode (+55) - PHPEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for PHPEUR
The long-term trend has been DOWN since Nov 1st, 2024 at 0.01573449
The intermediate-term trend has been UP since Nov 12th, 2024 at 0.01606100
The short-term trend has been DOWN since Nov 19th, 2024 at 0.01609253
Smart Scan Analysis for PHPEUR
Based on our trend formula, PHPEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01603113 | 0.01603241 | 0.01603113 | 0.01603241 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01603113 | 2024-11-20 01:29:25 |