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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Japanese Yen/Singapore Dollar (FOREX:JPYSGD)
Strong Downtrend (-100) - JPYSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYSGD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYSGD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.008914
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.008914
The short-term trend has been DOWN since Apr 15th, 2024 at 0.008826
Smart Scan Analysis for JPYSGD
Based on our trend formula, JPYSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.008855 | 0.008859 | 0.008806 | 0.008822 | -0.000033 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.008855 | 2024-04-16 19:12:50 |