Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
Long-Term Uptrend (+90) - AUDPHP is in a strong uptrend that is likely to continue. While AUDPHP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Oct 19th, 2021 at 37.819557
The intermediate-term trend has been UP since Sep 27th, 2021 at 37.280386
The short-term trend has been UP since Oct 4th, 2021 at 37.062564
Smart Scan Analysis for AUDPHP
Based on our trend formula, AUDPHP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).