Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Weak Uptrend (+65) - PHPJPY is showing signs of weakening momentum to the upside. Monitor PHPJPY as it may be in the beginning stages 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
2.4462834 2.4576062 2.4423485 2.4452946 -0.0009890
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term up The long-term trend has been UP since Mar 1st, 2023 at 2.4856109

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 2.4187742

short term up The short-term trend has been UP since Mar 27th, 2023 at 2.4229241

Smart Scan Analysis for PHPJPY

Based on our trend formula, PHPJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4462834 2.4576062 2.4423485 2.4452946 -0.0009890
Prev. Close Volume Bid Ask Time
2.4462834 2023-03-31 17:08:18
Get a free daily analysis and signals for Philippine Peso/Japanese Yen (PHPJPY) - Request Your Free Report.