Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Swiss Franc/Philippine Peso (FOREX:CHFPHP)

Long-Term Uptrend (+90) - CHFPHP is in a strong uptrend that is likely to continue. While CHFPHP 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 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.

FOREX_CHFPHP
Open High Low CHFPHP Price Change
65.906689 66.469043 65.838296 66.288504 +0.381815
Entry Signal

MarketClub’s Trade Triangles for CHFPHP

long term up The long-term trend has been UP since Jun 2nd, 2024 at 65.018900

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 63.065978

short term up The short-term trend has been UP since Jun 14th, 2024 at 65.841567

Smart Scan Analysis for CHFPHP

Based on our trend formula, CHFPHP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.906689 66.469043 65.838296 66.288504 +0.381815
Prev. Close Volume Bid Ask Time
65.906689 2024-06-18 11:22:00
Get a free daily analysis and signals for Swiss Franc/Philippine Peso (CHFPHP) - Request Your Free Report.