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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

Euro/Philippine Peso (FOREX:EURPHP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURPHP
Open High Low EURPHP Price Change
57.345 57.345 57.322 57.322 -0.023
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long term trend has been DOWN since Oct 31st, 2018 at 60.552

intermediate term down The intermediate term trend has been DOWN since Jul 1st, 2019 at 57.966

short term up The short term trend has been UP since Jul 19th, 2019 at 57.484

Smart Scan Analysis for EURPHP

Based on a pre-defined weighted trend formula for chart analysis, EURPHP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.345 57.345 57.322 57.322 -0.023
Prev. Close Volume Bid Ask Time
57.345 57.172 57.472 2019-07-22 03:21:37
Want to analyze Euro/Philippine Peso EURPHP or another symbol? Try our Free Forex Trend Analysis Report.