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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Japanese Yen/Singapore Dollar (FOREX:JPYSGD)

Crossroads (+60) - JPYSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JPYSGD
Open High Low JPYSGD Price Change
0.010308 0.010378 0.010293 0.010345 +0.000037
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term down The long-term trend has been DOWN since Oct 10th, 2021 at 0.012067

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2022 at 0.010405

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.010247

Smart Scan Analysis for JPYSGD

Based on our trend formula, JPYSGD is rated as a +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
0.010308 0.010378 0.010293 0.010345 +0.000037
Prev. Close Volume Bid Ask Time
0.010308 2022-08-15 17:12:45
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