Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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.
MarketClub’s Trade Triangles for PHPGBP
The long-term trend has been UP since Sep 22nd, 2023 at 0.01438346
The intermediate-term trend has been DOWN since Nov 29th, 2023 at 0.01413532
The short-term trend has been UP since Nov 20th, 2023 at 0.01454363
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).