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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Philippine Peso/Japanese Yen (FOREX:PHPJPY)
Long-Term Uptrend (+90) - PHPJPY is in a strong uptrend that is likely to continue. While PHPJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PHPJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for PHPJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PHPJPY
The long-term trend has been UP since Sep 8th, 2024 at 2.8005257
The intermediate-term trend has been UP since Dec 23rd, 2024 at 2.6850840
The short-term trend has been UP since Dec 26th, 2024 at 2.7154748
Smart Scan Analysis for PHPJPY
Based on our trend formula, PHPJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7115963 | 2.7846783 | 2.7087512 | 2.7155648 | +0.0039690 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7115963 | 2024-12-26 05:39:10 |