Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Japanese Yen/Singapore Dollar (FOREX:JPYSGD)
Long-Term Downtrend (-90) - JPYSGD is in a strong downtrend that is likely to continue. While JPYSGD is showing intraday strength, it remains in the confines of a bearish trend. 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.
MarketClub’s Trade Triangles for JPYSGD
The long-term trend has been DOWN since Oct 10th, 2021 at 0.012067
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.012173
The short-term trend has been DOWN since Oct 26th, 2021 at 0.011790
Smart Scan Analysis for JPYSGD
Based on our trend formula, JPYSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).