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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
South African Rand/Philippine Peso (FOREX:ZARPHP)
Strong Downtrend (-100) - ZARPHP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARPHP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPHP.
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 ZARPHP
The long-term trend has been DOWN since May 9th, 2022 at 3.2412037
The intermediate-term trend has been DOWN since Jan 16th, 2023 at 3.1880636
The short-term trend has been DOWN since Mar 15th, 2023 at 2.9921927
Smart Scan Analysis for ZARPHP
Based on our trend formula, ZARPHP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9334419 | 2.9483769 | 2.9135608 | 2.9213117 | -0.0121300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9334419 | 2023-03-21 13:21:46 |