Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
South African Rand/Philippine Peso (FOREX:ZARPHP)
Weak Downtrend (-65) - ZARPHP is showing signs of a strengthening downtrend. Monitor ZARPHP as it may be building momentum to the downside.
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 Dec 24th, 2019 at 3.5870000
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 3.5149501
The short-term trend has been DOWN since Feb 17th, 2020 at 3.3729109
Smart Scan Analysis for ZARPHP
Based on our trend formula, ZARPHP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).