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Forex Trend Analysis Report

Prepared for you on Saturday, January 28, 2023.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Weak Downtrend (-65) - PHPJPY is showing signs of a strengthening downtrend. Monitor PHPJPY as it may be building momentum to the downside.

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.

FOREX_PHPJPY
Open High Low PHPJPY Price Change
2.3832894 2.3832894 2.3832894 2.3832894 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 2.4070985

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2022 at 2.3940202

short term down The short-term trend has been DOWN since Jan 25th, 2023 at 2.3717172

Smart Scan Analysis for PHPJPY

Based on our trend formula, PHPJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3832894 2.3832894 2.3832894 2.3832894 0.0000000
Prev. Close Volume Bid Ask Time
2.3832894 2023-01-28 03:03:13
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