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.
MarketClub’s Trade Triangles for JPYSGD
The long-term trend has been UP since Feb 2nd, 2020 at 0.012603
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.013116
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).