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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Philippine Peso/British Pound (FOREX:PHPGBP)

Crossroads (-60) - PHPGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.01492780 0.01499062 0.01488734 0.01493061 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for PHPGBP

long term up The long-term trend has been UP since Feb 3rd, 2023 at 0.01531958

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.01490598

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 0.01493181

Smart Scan Analysis for PHPGBP

Based on our trend formula, PHPGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PHPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01492780 0.01499062 0.01488734 0.01493061 +0.00000300
Prev. Close Volume Bid Ask Time
0.01492780 2023-03-28 20:44:33
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