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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Singapore Dollar/Japanese Yen (FOREX:SGDJPY)
Weak Downtrend (-65) - SGDJPY is showing signs of a strengthening downtrend. Monitor SGDJPY as it may be building momentum to the downside.
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 UP since Feb 27th, 2024 at 112.5635
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 117.3770
The short-term trend has been DOWN since Jul 11th, 2024 at 119.0005
Smart Scan Analysis for SGDJPY
Based on our trend formula, SGDJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 114.5211 | 115.1385 | 114.1780 | 114.5270 | +0.0059 |
| Prev. Close | Volume | Bid | Ask | Time |
| 114.5211 | 2024-07-26 17:00:04 |
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