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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Philippine Peso (FOREX:ZARPHP)
Sidelines Mode (-55) - ZARPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for ZARPHP
The long-term trend has been UP since Apr 8th, 2024 at 3.0473070
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 3.2508896
The short-term trend has been UP since Nov 18th, 2024 at 3.2527862
Smart Scan Analysis for ZARPHP
Based on our trend formula, ZARPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2635659 | 3.2666477 | 3.2532190 | 3.2579489 | -0.0056170 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2635659 | 2024-11-20 03:29:11 |