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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

British Pound/Philippine Peso (FOREX:GBPPHP)

Countertrend Up (+85) - GBPPHP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
75.46149 75.50283 75.23060 75.41551 -0.04598
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long-term trend has been UP since Mar 21st, 2024 at 72.85041

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 75.08672

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 75.57966

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.46149 75.50283 75.23060 75.41551 -0.04598
Prev. Close Volume Bid Ask Time
75.46149 2024-07-19 17:00:01
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