Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Japanese Yen/Singapore Dollar (FOREX:JPYSGD)

Weak Downtrend (-65) - JPYSGD is showing signs of a strengthening downtrend. Monitor JPYSGD as it may be building momentum to the downside.

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
0.008692 0.008712 0.008632 0.008676 -0.000016
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.008938

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2024 at 0.008874

short term down The short-term trend has been DOWN since Oct 18th, 2024 at 0.008730

Smart Scan Analysis for JPYSGD

Based on our trend formula, JPYSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JPYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008692 0.008712 0.008632 0.008676 -0.000016
Prev. Close Volume Bid Ask Time
0.008692 2024-10-25 17:06:35
Get a free daily analysis and signals for Japanese Yen/Singapore Dollar (JPYSGD) - Request Your Free Report.