Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Philippine Peso/US Dollar (FOREX:PHPUSD)
Crossroads (+60) - PHPUSD 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 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.
MarketClub’s Trade Triangles for PHPUSD
The long-term trend has been DOWN since Mar 12th, 2020 at 0.01951246
The intermediate-term trend has been UP since Apr 7th, 2020 at 0.01979364
The short-term trend has been UP since Apr 3rd, 2020 at 0.01975678
Smart Scan Analysis for PHPUSD
Based on our trend formula, PHPUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).