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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Philippine Peso (FOREX:ZARPHP)
Long-Term Downtrend (-90) - ZARPHP is in a strong downtrend that is likely to continue. While ZARPHP is showing intraday strength, it remains in the confines of a bearish trend. 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 Dec 24th, 2024 at 3.1127352
The intermediate-term trend has been DOWN since Dec 20th, 2024 at 3.1923689
The short-term trend has been DOWN since Dec 17th, 2024 at 3.2649625
Smart Scan Analysis for ZARPHP
Based on our trend formula, ZARPHP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1206585 | 3.1512373 | 3.0910825 | 3.1003072 | -0.0203510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1206585 | 2024-12-26 22:22:22 |