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.
MarketClub’s Trade Triangles for PHPGBP
The long-term trend has been DOWN since Jul 30th, 2020 at 0.01563883
The intermediate-term trend has been DOWN since Dec 16th, 2020 at 0.01537915
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).