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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.

FOREX_CHFPHP
Open High Low CHFPHP Price Change
61.813609 61.935145 61.769825 61.786978 -0.026631
Entry Signal

MarketClub’s Trade Triangles for CHFPHP

long term up The long-term trend has been UP since Jun 23rd, 2022 at 56.955288

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2023 at 61.602001

short term down 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).

-70
Smart Scan Analysis for CHFPHP
Strong Downtrend Sideways 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
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