Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
Sidelines Mode (+55) - AUDPHP 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 AUDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDPHP
The long-term trend has been UP since Jun 1st, 2020 at 33.787532
The intermediate-term trend has been UP since Jul 14th, 2020 at 34.596020
The short-term trend has been DOWN since Aug 10th, 2020 at 35.116761
Smart Scan Analysis for AUDPHP
Based on our trend formula, AUDPHP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).