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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Bear Market Rally (-75) - PHPJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PHPJPY as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid PHPJPY?

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

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

FOREX_PHPJPY
Open High Low PHPJPY Price Change
2.1620902 2.1641883 2.1604987 2.1611189 -0.0009710
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term down The long-term trend has been DOWN since Nov 5th, 2020 at 2.1484787

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 2.1773847

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 2.1613338

Smart Scan Analysis for PHPJPY

Based on our trend formula, PHPJPY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1620902 2.1641883 2.1604987 2.1611189 -0.0009710
Prev. Close Volume Bid Ask Time
2.1620902 2020-11-27 03:07:21
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