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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Euro/Philippine Peso (FOREX:EURPHP)

Weak Downtrend (-65) - EURPHP is showing signs of a strengthening downtrend. Monitor EURPHP as it may be building momentum to the downside.

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
58.930 59.294 58.865 58.935 +0.005
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long-term trend has been UP since Jun 27th, 2022 at 58.113

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 58.749

short term down The short-term trend has been DOWN since Feb 2nd, 2023 at 59.039

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
58.930 59.294 58.865 58.935 +0.005
Prev. Close Volume Bid Ask Time
58.930 2023-02-07 23:45:32
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