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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Euro/Philippine Peso (FOREX:EURPHP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
59.2090 59.2770 58.9375 59.1440 -0.0650
Entry Signal

MarketClub’s Trade Triangles for EURPHP

long term down The long term trend has been DOWN since Oct 31st, 2018 at 60.5520

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 59.5855

short term down The short term trend has been DOWN since Feb 13th, 2019 at 58.7035

Smart Scan Analysis for EURPHP

Based on a pre-defined weighted trend formula for chart analysis, EURPHP scored -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
59.2090 59.2770 58.9375 59.1440 -0.0650
Prev. Close Volume Bid Ask Time
59.2090 58.9940 59.2940 2019-02-15 18:22:19
Want to analyze Euro/Philippine Peso EURPHP or another symbol? Try our Free Forex Trend Analysis Report.