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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.

FOREX_PHPUSD
Open High Low PHPUSD Price Change
0.01978788 0.01982433 0.01976959 0.01979670 +0.00000900
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 0.01951246

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 0.01979364

short term up 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).

+60
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01978788 0.01982433 0.01976959 0.01979670 +0.00000900
Prev. Close Volume Bid Ask Time
0.01978788 0.01979643 0.01979698 2020-04-09 06:15:56
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