Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Japanese Yen/Singapore Dollar (FOREX:JPYSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_JPYSGD
Open High Low JPYSGD Price Change
0.012232 0.012283 0.012229 0.012239 +0.000007
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term down The long term trend has been DOWN since Sep 27th, 2018 at 0.012071

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 0.012314

short term down The short term trend has been DOWN since Oct 16th, 2018 at 0.012222

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).

-55
Smart Scan Analysis for JPYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012232 0.012283 0.012229 0.012239 +0.000007
Prev. Close Volume Bid Ask Time
0.012232 0.011739 0.012739 2018-10-17 17:05:25
Want to analyze Japanese Yen/Singapore Dollar JPYSGD or another symbol? Try our Free Forex Trend Analysis Report.