Forex Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Australian Dollar/Philippine Peso (FOREX:AUDPHP)
Bull Market Weakness (+75) - AUDPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDPHP as it may be in the beginning stages of a reversal.
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 Dec 9th, 2020 at 35.922405
The intermediate-term trend has been UP since Apr 19th, 2021 at 37.601340
The short-term trend has been UP since Apr 5th, 2021 at 37.039409
Smart Scan Analysis for AUDPHP
Based on our trend formula, AUDPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).