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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Singapore Dollar/Japanese Yen (FOREX:SGDJPY)
Strong Uptrend (+100) - SGDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDJPY.
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 SGDJPY
The long-term trend has been UP since Feb 27th, 2024 at 112.5635
The intermediate-term trend has been UP since Mar 20th, 2024 at 112.8930
The short-term trend has been UP since Apr 22nd, 2024 at 114.3705
Smart Scan Analysis for SGDJPY
Based on our trend formula, SGDJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 113.6655 | 113.7920 | 113.4789 | 113.7389 | +0.0734 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.6655 | 2024-04-23 17:52:49 |