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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Philippine Peso/British Pound (FOREX:PHPGBP)

Bear Market Rally (-75) - PHPGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PHPGBP as it may be in the beginning of a reversal.

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
0.01432025 0.01432523 0.01425024 0.01425271 -0.00006800
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 up The intermediate-term trend has been UP since Sep 29th, 2021 at 0.01461180

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.01444363

Smart Scan Analysis for PHPGBP

Based on our trend formula, PHPGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PHPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01432025 0.01432523 0.01425024 0.01425271 -0.00006800
Prev. Close Volume Bid Ask Time
0.01432025 2021-10-19 23:04:21
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