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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Philippine Peso/Euro (FOREX:PHPEUR)

Crossroads (+60) - PHPEUR 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 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
0.01607907 0.01618866 0.01607235 0.01616276 +0.00008400
Entry Signal

MarketClub’s Trade Triangles for PHPEUR

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 0.01573449

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 0.01606100

short term up The short-term trend has been UP since Nov 21st, 2024 at 0.01615701

Smart Scan Analysis for PHPEUR

Based on our trend formula, PHPEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PHPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01607907 0.01618866 0.01607235 0.01616276 +0.00008400
Prev. Close Volume Bid Ask Time
0.01607907 2024-11-21 17:49:37
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