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Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

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
70.07747 70.39506 69.88280 70.34763 +0.27016
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term down The long-term trend has been DOWN since Sep 22nd, 2023 at 69.52429

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 69.76711

short term up The short-term trend has been UP since Nov 21st, 2023 at 69.44263

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.07747 70.39506 69.88280 70.34763 +0.27016
Prev. Close Volume Bid Ask Time
70.07747 2023-12-01 17:10:58
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