
Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
US Dollar/Philippine Peso (FOREX:USDPHP)
Weak Downtrend (-65) - USDPHP is showing signs of a strengthening downtrend. Monitor USDPHP as it may be building momentum to the downside.
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 Aug 11th, 2023 at 56.5765
The intermediate-term trend has been DOWN since Sep 29th, 2023 at 56.4120
The short-term trend has been DOWN since Sep 28th, 2023 at 56.7040
Smart Scan Analysis for USDPHP
Based on our trend formula, USDPHP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
56.7635 | 56.7695 | 56.6850 | 56.7395 | -0.0240 |
Prev. Close | Volume | Bid | Ask | Time |
56.7635 | 2023-10-04 02:10:04 |