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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

South African Rand/Philippine Peso (FOREX:ZARPHP)

Strong Uptrend (+100) - ZARPHP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARPHP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
3.2719199 3.2747928 3.2392021 3.2551523 -0.0167680
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term up The long-term trend has been UP since Apr 8th, 2024 at 3.0473070

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 3.2078057

short term up The short-term trend has been UP since Jun 10th, 2024 at 3.1348865

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
3.2719199 3.2747928 3.2392021 3.2551523 -0.0167680
Prev. Close Volume Bid Ask Time
3.2719199 2024-06-20 07:38:13
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