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Forex Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Swiss Franc/Philippine Peso (FOREX:CHFPHP)
Weak Downtrend (-65) - CHFPHP is showing signs of a strengthening downtrend. Monitor CHFPHP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFPHP.
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 CHFPHP
The long-term trend has been UP since Jun 23rd, 2022 at 56.955288
The intermediate-term trend has been DOWN since May 18th, 2023 at 61.602001
The short-term trend has been DOWN since May 31st, 2023 at 61.598618
Smart Scan Analysis for CHFPHP
Based on our trend formula, CHFPHP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.813609 | 61.935145 | 61.769825 | 61.786978 | -0.026631 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.813609 | 2023-06-02 04:34:55 |