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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
US Dollar/Philippine Peso (FOREX:USDPHP)
Long-Term Uptrend (+90) - USDPHP is in a strong uptrend that is likely to continue. While USDPHP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Apr 4th, 2024 at 57.1225
The intermediate-term trend has been UP since Apr 3rd, 2024 at 56.6735
The short-term trend has been UP since Apr 24th, 2024 at 57.6305
Smart Scan Analysis for USDPHP
Based on our trend formula, USDPHP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.9005 | 57.9815 | 57.6630 | 57.7930 | -0.1075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.9005 | 2024-04-25 20:58:33 |