Forex Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
British Pound/Philippine Peso (FOREX:GBPPHP)
Weak Downtrend (-65) - GBPPHP is showing signs of a strengthening downtrend. Monitor GBPPHP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for GBPPHP
The long-term trend has been DOWN since Mar 2nd, 2020 at 65.132972
The intermediate-term trend has been DOWN since Jun 26th, 2020 at 61.822682
The short-term trend has been UP since Jul 7th, 2020 at 61.838449
Smart Scan Analysis for GBPPHP
Based on our trend formula, GBPPHP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).