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.
MarketClub’s Trade Triangles for PHPUSD
The long-term trend has been DOWN since Jun 30th, 2021 at 0.02040995
The intermediate-term trend has been DOWN since Apr 18th, 2022 at 0.01907261
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).