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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.

FOREX_USDPHP
Open High Low USDPHP Price Change
58.384 58.421 58.235 58.308 -0.076
Entry Signal

MarketClub’s Trade Triangles for USDPHP

long term up The long-term trend has been UP since Nov 1st, 2024 at 58.724

intermediate term down The intermediate-term trend has been DOWN since Dec 26th, 2024 at 57.725

short term down 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).

-60
Smart Scan Analysis for USDPHP
Strong Downtrend Sideways 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
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