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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
0.013167 0.013198 0.013084 0.013097 -0.000070
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term up The long-term trend has been UP since Feb 2nd, 2020 at 0.012603

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.013116

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.013177

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
0.013167 0.013198 0.013084 0.013097 -0.000070
Prev. Close Volume Bid Ask Time
0.013167 0.012597 0.013597 2020-05-29 17:08:58
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