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Forex Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

British Pound/Philippine Peso (FOREX:GBPPHP)

Sidelines Mode (-55) - GBPPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
65.028653 66.024647 64.784167 65.660384 +0.631731
Entry Signal

MarketClub’s Trade Triangles for GBPPHP

long term down The long-term trend has been DOWN since Apr 1st, 2022 at 67.716970

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2022 at 66.353395

short term up The short-term trend has been UP since Sep 29th, 2022 at 64.293430

Smart Scan Analysis for GBPPHP

Based on our trend formula, GBPPHP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.028653 66.024647 64.784167 65.660384 +0.631731
Prev. Close Volume Bid Ask Time
65.028653 2022-09-30 17:06:48
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