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Forex Trend Analysis Report

Prepared for you on Friday, July 3, 2020.

Euro/Philippine Peso (FOREX:EURPHP)

Long-Term Downtrend (-90) - EURPHP is in a strong downtrend that is likely to continue. While EURPHP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
55.713 55.715 55.530 55.645 -0.068
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 54.556

intermediate term down The intermediate-term trend has been DOWN since Jun 29th, 2020 at 55.930

short term down The short-term trend has been DOWN since Jun 25th, 2020 at 56.057

Smart Scan Analysis for EURPHP

Based on our trend formula, EURPHP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.713 55.715 55.530 55.645 -0.068
Prev. Close Volume Bid Ask Time
55.713 55.495 55.795 2020-07-03 10:26:29
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