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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.

FOREX_PHPGBP
Open High Low PHPGBP Price Change
0.01420098 0.01429539 0.01414722 0.01425021 +0.00004900
Entry Signal

MarketClub’s Trade Triangles for PHPGBP

long term up The long-term trend has been UP since Sep 22nd, 2023 at 0.01438346

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2023 at 0.01413532

short term up 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).

-55
Smart Scan Analysis for PHPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01420098 0.01429539 0.01414722 0.01425021 +0.00004900
Prev. Close Volume Bid Ask Time
0.01420098 2023-11-30 19:28:53
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