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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Japanese Yen/Singapore Dollar (FOREX:JPYSGD)
Sidelines Mode (+55) - JPYSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 7th, 2024 at 0.008609
The intermediate-term trend has been UP since Jan 13th, 2025 at 0.008732
The short-term trend has been DOWN since Feb 4th, 2025 at 0.008736
Smart Scan Analysis for JPYSGD
Based on our trend formula, JPYSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.008822 | 0.008826 | 0.008810 | 0.008826 | +0.000004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.008822 | 2025-02-05 01:52:31 |