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Forex Trend Analysis Report
Prepared for you on Tuesday, April 30, 2024.
Philippine Peso/Euro (FOREX:PHPEUR)
Bear Market Rally (-75) - PHPEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PHPEUR as it may be in the beginning 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.
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MarketClub’s Trade Triangles for PHPEUR
The long-term trend has been DOWN since Dec 27th, 2023 at 0.01627879
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 0.01621886
The short-term trend has been UP since Apr 29th, 2024 at 0.01623096
Smart Scan Analysis for PHPEUR
Based on our trend formula, PHPEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01624045 | 0.01624256 | 0.01615205 | 0.01617190 | -0.00006900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01624045 | 2024-04-30 08:04:14 |