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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.

FOREX_ZARPHP
Open High Low ZARPHP Price Change
2.9334419 2.9483769 2.9135608 2.9213117 -0.0121300
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term down The long-term trend has been DOWN since May 9th, 2022 at 3.2412037

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2023 at 3.1880636

short term down 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).

-100
Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways 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
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