Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Philippine Peso/South African Rand (FOREX:PHPZAR)
Long-Term Uptrend (+90) - PHPZAR is in a strong uptrend that is likely to continue. While PHPZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PHPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PHPZAR
The long-term trend has been UP since Feb 26th, 2020 at 0.30004778
The intermediate-term trend has been UP since Jan 13th, 2020 at 0.28449117
The short-term trend has been UP since Feb 25th, 2020 at 0.29908578
Smart Scan Analysis for PHPZAR
Based on our trend formula, PHPZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).