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Forex Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

Philippine Peso/Euro (FOREX:PHPEUR)

Bull Market Weakness (+75) - PHPEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PHPEUR as it may be in the beginning stages of a reversal.

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
0.01663433 0.01666372 0.01662604 0.01665761 +0.00002300
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 up The intermediate-term trend has been UP since Aug 31st, 2023 at 0.01641166

short term up The short-term trend has been UP since Sep 22nd, 2023 at 0.01655612

Smart Scan Analysis for PHPEUR

Based on our trend formula, PHPEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PHPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01663433 0.01666372 0.01662604 0.01665761 +0.00002300
Prev. Close Volume Bid Ask Time
0.01663433 2023-09-27 07:10:58
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