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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.

FOREX_USDPHP
Open High Low USDPHP Price Change
54.8435 54.9865 54.8140 54.8975 +0.0540
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term up The long-term trend has been UP since Mar 3rd, 2022 at 51.8550

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2022 at 52.4315

short term up 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).

+90
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.8435 54.9865 54.8140 54.8975 +0.0540
Prev. Close Volume Bid Ask Time
54.8435 2022-06-24 17:00:42
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