Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Philippine Peso/South African Rand (FOREX:PHPZAR)

Bull Market Weakness (+75) - PHPZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PHPZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PHPZAR?

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

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

Open	High	Low	PHPZAR Price	Change
0.33321018	0.33615636	0.33282328	0.33457904	+0.00136900
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

The long-term trend has been UP since May 9th, 2022 at 0.30852081

The intermediate-term trend has been UP since Jan 16th, 2023 at 0.31368291

The short-term trend has been DOWN since Mar 22nd, 2023 at 0.33455808

Smart Scan Analysis for PHPZAR

Based on our trend formula, PHPZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.33321018	0.33615636	0.33282328	0.33457904	+0.00136900
Prev. Close	Volume	Bid	Ask	Time
0.33321018				2023-03-24 17:22:59

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