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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Philippine Peso/US Dollar (FOREX:PHPUSD)

Strong Uptrend (+100) - PHPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PHPUSD 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 PHPUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PHPUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PHPUSD
Open High Low PHPUSD Price Change
0.02049529 0.02054079 0.02049494 0.02053535 +0.00004000
Entry Signal

MarketClub’s Trade Triangles for PHPUSD

long term up The long-term trend has been UP since May 1st, 2020 at 0.02005644

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2020 at 0.02007925

short term up The short-term trend has been UP since Aug 10th, 2020 at 0.02042331

Smart Scan Analysis for PHPUSD

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

+100
Smart Scan Analysis for PHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02049529 0.02054079 0.02049494 0.02053535 +0.00004000
Prev. Close Volume Bid Ask Time
0.02049529 0.02053526 0.02053544 2020-08-14 07:44:41
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