Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, April 28, 2024.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Strong Uptrend (+100) - PHPJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PHPJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.6972029 2.7473232 2.6905716 2.7473079 +0.0501050
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term up The long-term trend has been UP since Feb 28th, 2024 at 2.7273484

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 2.7109283

short term up The short-term trend has been UP since Apr 26th, 2024 at 2.7021279

Smart Scan Analysis for PHPJPY

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

+100
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6972029 2.7473232 2.6905716 2.7473079 +0.0501050
Prev. Close Volume Bid Ask Time
2.6972029 2024-04-26 17:05:14
Get a free daily analysis and signals for Philippine Peso/Japanese Yen (PHPJPY) - Request Your Free Report.