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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Philippine Peso (FOREX:EURPHP)
Long-Term Uptrend (+90) - EURPHP is in a strong uptrend that is likely to continue. While EURPHP 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 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.
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MarketClub’s Trade Triangles for EURPHP
The long-term trend has been UP since Dec 27th, 2023 at 61.430
The intermediate-term trend has been UP since Apr 24th, 2024 at 61.657
The short-term trend has been UP since Apr 17th, 2024 at 60.814
Smart Scan Analysis for EURPHP
Based on our trend formula, EURPHP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.988 | 62.045 | 61.865 | 61.865 | -0.123 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.988 | 2024-04-26 07:40:04 |