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.
MarketClub’s Trade Triangles for PHPJPY
The long-term trend has been DOWN since Dec 1st, 2022 at 2.4070985
The intermediate-term trend has been DOWN since Dec 20th, 2022 at 2.3940202
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).