How is USDPHP doing right now?
In plain terms: USDPHP is 2.4% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now USDPHP — USD/PHP — is in a shallow pullback, down 2.4% from its record high. Last price: $60.27. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.

