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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Philippine Peso/US Dollar (FOREX:PHPUSD)

Strong Downtrend (-100) - PHPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PHPUSD continues to fall. Traders should use caution and set stops.

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
0.01817835 0.01822890 0.01812418 0.01812418 -0.00005400
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term down The long-term trend has been DOWN since Jun 30th, 2021 at 0.02040995

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2022 at 0.01907261

short term down The short-term trend has been DOWN since May 31st, 2022 at 0.01905197

Smart Scan Analysis for PHPUSD

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

-100
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01817835 0.01822890 0.01812418 0.01812418 -0.00005400
Prev. Close Volume Bid Ask Time
0.01817835 2022-07-04 19:30:55
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