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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Philippine Peso/South African Rand (FOREX:PHPZAR)

Weak Downtrend (-65) - PHPZAR is showing signs of a strengthening downtrend. Monitor PHPZAR as it may be building momentum to the downside.

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.

FOREX_PHPZAR
Open High Low PHPZAR Price Change
0.31368867 0.31374298 0.31178149 0.31260043 -0.00108800
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 0.32814544

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2024 at 0.31178339

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.31577666

Smart Scan Analysis for PHPZAR

Based on our trend formula, PHPZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PHPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31368867 0.31374298 0.31178149 0.31260043 -0.00108800
Prev. Close Volume Bid Ask Time
0.31368867 2024-07-26 17:00:05
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