Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
US Dollar/Philippine Peso (FOREX:USDPHP)
Long-Term Uptrend (+90) - USDPHP is in a strong uptrend that is likely to continue. While USDPHP 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 USDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDPHP
The long-term trend has been UP since Mar 3rd, 2022 at 51.8550
The intermediate-term trend has been UP since Apr 18th, 2022 at 52.4315
The short-term trend has been UP since May 31st, 2022 at 52.4585
Smart Scan Analysis for USDPHP
Based on our trend formula, USDPHP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).