Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Singapore Dollar/Japanese Yen (FOREX:SGDJPY)

Crossroads (+60) - SGDJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_SGDJPY
Open High Low SGDJPY Price Change
112.0630 112.0723 111.8065 111.8225 -0.2405
Entry Signal

MarketClub’s Trade Triangles for SGDJPY

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 110.5010

intermediate term up The intermediate-term trend has been UP since May 1st, 2025 at 110.6175

short term up The short-term trend has been UP since May 8th, 2025 at 111.8520

Smart Scan Analysis for SGDJPY

Based on our trend formula, SGDJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SGDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.0630 112.0723 111.8065 111.8225 -0.2405
Prev. Close Volume Bid Ask Time
112.0630 2025-05-09 03:11:45
Get a free daily analysis and signals for Singapore Dollar/Japanese Yen (SGDJPY) - Request Your Free Report.