Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

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.

FOREX_PHPZAR
Open High Low PHPZAR Price Change
0.31148514 0.31148514 0.31080424 0.31080424 -0.00068100
Entry Signal

MarketClub’s Trade Triangles for PHPZAR

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 0.32814544

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 0.30760884

short term up The short-term trend has been UP since Dec 3rd, 2024 at 0.31059318

Smart Scan Analysis for PHPZAR

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

+70
Smart Scan Analysis for PHPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.31148514 0.31148514 0.31080424 0.31080424 -0.00068100
Prev. Close Volume Bid Ask Time
0.31148514 2024-12-07 04:22:57
Get a free daily analysis and signals for Philippine Peso/South African Rand (PHPZAR) - Request Your Free Report.