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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Euro/Philippine Peso (FOREX:EURPHP)

Crossroads (-60) - EURPHP is struggling to move into a solid trend. Beware of choppy markets 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
62.193 62.211 61.772 61.855 -0.338
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term up The long-term trend has been UP since Nov 1st, 2024 at 63.555

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 62.263

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 61.893

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.193 62.211 61.772 61.855 -0.338
Prev. Close Volume Bid Ask Time
62.193 2024-11-21 17:07:51
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