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Forex Trend Analysis Report
Prepared for you on Thursday, April 24, 2025.
Singapore Dollar/Japanese Yen (FOREX:SGDJPY)
Strong Downtrend (-100) - SGDJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGDJPY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SGDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGDJPY
The long-term trend has been DOWN since Mar 4th, 2025 at 110.501
The intermediate-term trend has been DOWN since Apr 2nd, 2025 at 109.995
The short-term trend has been DOWN since Apr 22nd, 2025 at 107.421
Smart Scan Analysis for SGDJPY
Based on our trend formula, SGDJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 108.618 | 108.784 | 108.476 | 108.574 | -0.044 |
| Prev. Close | Volume | Bid | Ask | Time |
| 108.618 | 2025-04-24 09:35:51 |