Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Japanese Yen/Singapore Dollar (FOREX:JPYSGD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JPYSGD
The long term trend has been UP since Feb 5th, 2018 at 0.012138
The intermediate term trend has been UP since Jan 24th, 2018 at 0.011988
The short term trend has been DOWN since Mar 20th, 2018 at 0.012372
Smart Scan Analysis for JPYSGD
Based on a pre-defined weighted trend formula for chart analysis, JPYSGD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).