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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

Philippine Peso/Euro (FOREX:PHPEUR)

Sidelines Mode (-55) - PHPEUR 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 PHPEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPEUR
Open High Low PHPEUR Price Change
0.01753291 0.01761165 0.01749426 0.01757080 +0.00003800
Entry Signal

MarketClub’s Trade Triangles for PHPEUR

long term down The long-term trend has been DOWN since Jun 27th, 2022 at 0.01720797

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2022 at 0.01796248

short term up The short-term trend has been UP since Jun 29th, 2022 at 0.01736455

Smart Scan Analysis for PHPEUR

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

-55
Smart Scan Analysis for PHPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01753291 0.01761165 0.01749426 0.01757080 +0.00003800
Prev. Close Volume Bid Ask Time
0.01753291 2022-07-06 13:54:24
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