Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
South African Rand/Philippine Peso (FOREX:ZARPHP)
Crossroads (-60) - ZARPHP 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 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.
MarketClub’s Trade Triangles for ZARPHP
The long-term trend has been UP since Nov 3rd, 2020 at 3.0089223
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 3.1981695
The short-term trend has been DOWN since Mar 4th, 2021 at 3.2045175
Smart Scan Analysis for ZARPHP
Based on our trend formula, ZARPHP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).