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.
MarketClub’s Trade Triangles for PHPEUR
The long-term trend has been DOWN since Jul 21st, 2020 at 0.01760235
The intermediate-term trend has been DOWN since Jul 20th, 2020 at 0.01766984
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).