Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
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 DOWN since May 20th, 2020 at 0.35743525
The short-term trend has been DOWN since May 15th, 2020 at 0.36276312
Smart Scan Analysis for PHPZAR
Based on our trend formula, PHPZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).