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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Euro/Philippine Peso (FOREX:EURPHP)

Bull Market Weakness (+75) - EURPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURPHP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURPHP
Open High Low EURPHP Price Change
62.887 63.555 62.884 63.093 +0.206
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long-term trend has been UP since Dec 27th, 2023 at 61.430

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 61.657

short term up The short-term trend has been UP since Jun 18th, 2024 at 63.074

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.887 63.555 62.884 63.093 +0.206
Prev. Close Volume Bid Ask Time
62.887 2024-06-24 19:56:09
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