Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Philippine Peso/New Zealand Dollar (FOREX:PHPNZD)
Crossroads (-60) - PHPNZD 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 PHPNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PHPNZD
The long-term trend has been UP since Feb 27th, 2020 at 0.03128198
The intermediate-term trend has been DOWN since Apr 28th, 2020 at 0.03234157
The short-term trend has been DOWN since May 18th, 2020 at 0.03290437
Smart Scan Analysis for PHPNZD
Based on our trend formula, PHPNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).