Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 6, 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
59.942 59.950 59.666 59.745 -0.197
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 59.875

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 60.617

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 60.609

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
59.942 59.950 59.666 59.745 -0.197
Prev. Close Volume Bid Ask Time
59.942 2023-12-05 23:40:53
Get a free daily analysis and signals for Euro/Philippine Peso (EURPHP) - Request Your Free Report.