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Forex Trend Analysis Report

Prepared for you on Friday, July 10, 2020.

Philippine Peso/British Pound (FOREX:PHPGBP)

Sidelines Mode (+55) - PHPGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.01605477 0.01606125 0.01603091 0.01603091 -0.00002400
Entry Signal

MarketClub’s Trade Triangles for PHPGBP

long term up The long-term trend has been UP since Mar 2nd, 2020 at 0.01535332

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2020 at 0.01617541

short term down The short-term trend has been DOWN since Jul 7th, 2020 at 0.01617129

Smart Scan Analysis for PHPGBP

Based on our trend formula, PHPGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PHPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01605477 0.01606125 0.01603091 0.01603091 -0.00002400
Prev. Close Volume Bid Ask Time
0.01605477 0.01598786 0.01607396 2020-07-10 07:54:47
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