Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
British Pound/Philippine Peso (FOREX:GBPPHP)
Long-Term Uptrend (+90) - GBPPHP is in a strong uptrend that is likely to continue. While GBPPHP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for GBPPHP
The long-term trend has been UP since Jul 30th, 2020 at 63.943889
The intermediate-term trend has been UP since Apr 19th, 2021 at 67.682160
The short-term trend has been UP since Apr 18th, 2021 at 66.921221
Smart Scan Analysis for GBPPHP
Based on our trend formula, GBPPHP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).