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.
MarketClub’s Trade Triangles for EURPHP
The long-term trend has been DOWN since Mar 24th, 2021 at 57.467
The intermediate-term trend has been DOWN since Mar 8th, 2021 at 57.924
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).