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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Singapore Dollar (FOREX:JPYSGD)
Bull Market Weakness (+75) - JPYSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYSGD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for JPYSGD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.008914
The intermediate-term trend has been UP since Jul 15th, 2024 at 0.008524
The short-term trend has been UP since Jul 12th, 2024 at 0.008517
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.008732 | 0.008758 | 0.008684 | 0.008731 | -0.000001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.008732 | 2024-07-26 17:01:06 |