Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Philippine Peso/US Dollar (FOREX:PHPUSD)

Long-Term Uptrend (+90) - PHPUSD is in a strong uptrend that is likely to continue. While PHPUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_PHPUSD
Open High Low PHPUSD Price Change
0.02081151 0.02083586 0.02080134 0.02080603 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term up The long-term trend has been UP since May 1st, 2020 at 0.02005644

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2020 at 0.02071273

short term up The short-term trend has been UP since Nov 23rd, 2020 at 0.02076973

Smart Scan Analysis for PHPUSD

Based on our trend formula, PHPUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02081151 0.02083586 0.02080134 0.02080603 -0.00000500
Prev. Close Volume Bid Ask Time
0.02081151 2020-12-04 08:39:39
Get a free daily analysis and signals for Philippine Peso/US Dollar (PHPUSD) - Request Your Free Report.