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Forex Trend Analysis Report

Prepared for you on Thursday, October 22, 2020.

South African Rand/Philippine Peso (FOREX:ZARPHP)

Bull Market Weakness (+75) - ZARPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARPHP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARPHP
Open High Low ZARPHP Price Change
2.9636825 2.9976231 2.9614609 2.9957061 +0.0320240
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 3.3326826

intermediate term up The intermediate-term trend has been UP since Oct 21st, 2020 at 2.9621543

short term up The short-term trend has been UP since Oct 19th, 2020 at 2.9513301

Smart Scan Analysis for ZARPHP

Based on our trend formula, ZARPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9636825 2.9976231 2.9614609 2.9957061 +0.0320240
Prev. Close Volume Bid Ask Time
2.9636825 2020-10-22 11:46:05
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