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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Euro/Philippine Peso (FOREX:EURPHP)

Sidelines Mode (-55) - EURPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
59.102 59.191 59.017 59.118 +0.016
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Aug 25th, 2021 at 57.516

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 58.691

short term up The short-term trend has been UP since Oct 11th, 2021 at 58.757

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.102 59.191 59.017 59.118 +0.016
Prev. Close Volume Bid Ask Time
59.102 2021-10-19 21:39:35
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