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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

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
57.750 58.084 57.686 57.794 +0.044
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Mar 24th, 2021 at 57.467

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2021 at 57.924

short term up The short-term trend has been UP since Apr 1st, 2021 at 57.124

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.750 58.084 57.686 57.794 +0.044
Prev. Close Volume Bid Ask Time
57.750 2021-04-12 15:41:39
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