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Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

Philippine Peso/British Pound (FOREX:PHPGBP)

Strong Downtrend (-100) - PHPGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PHPGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPGBP
Open High Low PHPGBP Price Change
0.01450824 0.01458872 0.01447842 0.01456151 +0.00005300
Entry Signal

MarketClub’s Trade Triangles for PHPGBP

long term down The long-term trend has been DOWN since Jul 30th, 2020 at 0.01563883

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 0.01537915

short term down The short-term trend has been DOWN since Feb 5th, 2021 at 0.01519389

Smart Scan Analysis for PHPGBP

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

-100
Smart Scan Analysis for PHPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01450824 0.01458872 0.01447842 0.01456151 +0.00005300
Prev. Close Volume Bid Ask Time
0.01450824 2021-02-24 17:43:20
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