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Forex Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
US Dollar/Philippine Peso (FOREX:USDPHP)
Crossroads (-60) - USDPHP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDPHP
The long-term trend has been UP since Nov 1st, 2024 at 58.724
The intermediate-term trend has been DOWN since Dec 26th, 2024 at 57.725
The short-term trend has been DOWN since Jan 24th, 2025 at 58.305
Smart Scan Analysis for USDPHP
Based on our trend formula, USDPHP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.384 | 58.421 | 58.235 | 58.308 | -0.076 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.384 | 2025-01-24 17:05:55 |