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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

British Pound/Philippine Peso (FOREX:GBPPHP)

Bull Market Weakness (+75) - GBPPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPPHP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPPHP
Open High Low GBPPHP Price Change
69.83163 70.17469 69.80735 70.13816 +0.30653
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long-term trend has been UP since Jul 30th, 2020 at 63.943889

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 68.438280

short term up The short-term trend has been UP since Oct 4th, 2021 at 69.235100

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.83163 70.17469 69.80735 70.13816 +0.30653
Prev. Close Volume Bid Ask Time
69.83163 2021-10-19 23:47:03
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