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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

US Dollar/Philippine Peso (FOREX:USDPHP)

Bear Market Rally (-75) - USDPHP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDPHP as it may be in the beginning of a reversal.

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.

FOREX_USDPHP
Open High Low USDPHP Price Change
50.7395 50.7750 50.6555 50.6680 -0.0715
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 47.5600

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 50.3705

short term down The short-term trend has been DOWN since Oct 24th, 2021 at 50.7020

Smart Scan Analysis for USDPHP

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

-75
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.7395 50.7750 50.6555 50.6680 -0.0715
Prev. Close Volume Bid Ask Time
50.7395 2021-10-25 06:11:47
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