Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for JPYSGD
The long-term trend has been DOWN since Jun 4th, 2020 at 0.012796
The intermediate-term trend has been DOWN since Jan 28th, 2021 at 0.012734
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.012524
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).