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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/Philippine Peso (FOREX:GBPPHP)

Crossroads (-60) - GBPPHP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
72.79681 72.84126 71.66399 72.66307 -0.13374
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term up The long-term trend has been UP since Nov 1st, 2024 at 76.04358

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 73.39999

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 72.95365

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.79681 72.84126 71.66399 72.66307 -0.13374
Prev. Close Volume Bid Ask Time
72.79681 2024-12-26 05:44:45
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