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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.

FOREX_JPYSGD
Open High Low JPYSGD Price Change
0.012518 0.012531 0.012471 0.012500 -0.000018
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term down The long-term trend has been DOWN since Jun 4th, 2020 at 0.012796

intermediate term down The intermediate-term trend has been DOWN since Jan 28th, 2021 at 0.012734

short term down 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).

-100
Smart Scan Analysis for JPYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012518 0.012531 0.012471 0.012500 -0.000018
Prev. Close Volume Bid Ask Time
0.012518 2021-02-26 17:10:20
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