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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Philippine Peso/South African Rand (FOREX:PHPZAR)
Strong Downtrend (-100) - PHPZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PHPZAR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for PHPZAR
The long-term trend has been DOWN since Apr 8th, 2024 at 0.32814544
The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.33511394
The short-term trend has been DOWN since May 10th, 2024 at 0.32192239
Smart Scan Analysis for PHPZAR
Based on our trend formula, PHPZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.32293190 | 0.32295060 | 0.32069628 | 0.32085486 | -0.00207700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.32293190 | 2024-05-10 03:42:38 |