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Forex Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

Philippine Peso/Euro (FOREX:PHPEUR)

Weak Downtrend (-65) - PHPEUR is showing signs of a strengthening downtrend. Monitor PHPEUR as it may be building momentum to the downside.

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
0.01743478 0.01743478 0.01741232 0.01741232 -0.00002200
Entry Signal

MarketClub’s Trade Triangles for PHPEUR

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 0.01760235

intermediate term down The intermediate-term trend has been DOWN since Jul 20th, 2020 at 0.01766984

short term up The short-term trend has been UP since Aug 10th, 2020 at 0.01730116

Smart Scan Analysis for PHPEUR

Based on our trend formula, PHPEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PHPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01743478 0.01743478 0.01741232 0.01741232 -0.00002200
Prev. Close Volume Bid Ask Time
0.01743478 0.01736684 0.01745780 2020-08-12 03:14:33
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