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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Philippine Peso/British Pound (FOREX:PHPGBP)

Sidelines Mode (-55) - PHPGBP 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 PHPGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPGBP
Open High Low PHPGBP Price Change
0.01498371 0.01516991 0.01495022 0.01503115 +0.00004700
Entry Signal

MarketClub’s Trade Triangles for PHPGBP

long term up The long-term trend has been UP since Apr 1st, 2022 at 0.01476735

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 0.01496593

short term up The short-term trend has been UP since Jun 28th, 2022 at 0.01491512

Smart Scan Analysis for PHPGBP

Based on our trend formula, PHPGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PHPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01498371 0.01516991 0.01495022 0.01503115 +0.00004700
Prev. Close Volume Bid Ask Time
0.01498371 2022-07-05 17:46:11
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