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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Japanese Yen/Singapore Dollar (FOREX:JPYSGD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

FOREX_JPYSGD
Open High Low JPYSGD Price Change
0.012084 0.012105 0.012048 0.012105 +0.000021
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term up The long term trend has been UP since Feb 5th, 2018 at 0.012138

intermediate term down The intermediate term trend has been DOWN since May 17th, 2018 at 0.012099

short term down The short term trend has been DOWN since May 9th, 2018 at 0.012213

Smart Scan Analysis for JPYSGD

Based on a pre-defined weighted trend formula for chart analysis, JPYSGD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JPYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012084 0.012105 0.012048 0.012105 +0.000021
Prev. Close Volume Bid Ask Time
0.012084 0.011605 0.012605 2018-05-22 23:00:27
Want to analyze Japanese Yen/Singapore Dollar JPYSGD or another symbol? Try our Free Forex Trend Analysis Report.