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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Japanese Yen/Philippine Peso (FOREX:JPYPHP)
Crossroads (+60) - JPYPHP 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 JPYPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYPHP
The long-term trend has been DOWN since Mar 8th, 2024 at 0.36675302
The intermediate-term trend has been UP since May 1st, 2024 at 0.37554318
The short-term trend has been UP since Apr 29th, 2024 at 0.37290896
Smart Scan Analysis for JPYPHP
Based on our trend formula, JPYPHP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37547055 | 0.37623523 | 0.37245901 | 0.37308924 | -0.00238100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37547055 | 2024-05-03 16:58:00 |