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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

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
58.293 58.438 58.293 58.405 +0.112
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 up The intermediate-term trend has been UP since Dec 28th, 2021 at 57.079

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 58.381

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
58.293 58.438 58.293 58.405 +0.112
Prev. Close Volume Bid Ask Time
58.293 2022-01-19 06:23:53
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