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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Philippine Peso/US Dollar (FOREX:PHPUSD)

Strong Uptrend (+100) - PHPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PHPUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.01840316 0.01844457 0.01834896 0.01839182 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.01776678

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 0.01835301

short term up The short-term trend has been UP since Mar 16th, 2023 at 0.01827469

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
0.01840316 0.01844457 0.01834896 0.01839182 -0.00001100
Prev. Close Volume Bid Ask Time
0.01840316 2023-03-24 07:48:58
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