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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Chinese Yuan Renminbi Offshore/Philippine Peso (FOREX:CNHPHP)
Bull Market Weakness (+75) - CNHPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHPHP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNHPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHPHP.
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 CNHPHP
The long-term trend has been UP since Oct 24th, 2024 at 8.158392
The intermediate-term trend has been UP since Sep 24th, 2024 at 7.971381
The short-term trend has been UP since Nov 19th, 2024 at 8.129944
Smart Scan Analysis for CNHPHP
Based on our trend formula, CNHPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.131349 | 8.152412 | 8.130239 | 8.132913 | +0.001564 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.131349 | 2024-11-21 11:10:30 |