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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

US Dollar/Philippine Peso (FOREX:USDPHP)

Crossroads (-60) - USDPHP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDPHP
Open High Low USDPHP Price Change
50.6755 53.1995 50.5820 50.7100 +0.0345
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 47.5600

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 50.3705

short term up The short-term trend has been UP since Oct 15th, 2021 at 51.0355

Smart Scan Analysis for USDPHP

Based on our trend formula, USDPHP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.6755 53.1995 50.5820 50.7100 +0.0345
Prev. Close Volume Bid Ask Time
50.6755 2021-10-15 18:21:32
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