JPY/SGD

- SGD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	JPYSGD
ISIN:

JPY/SGD - Daily - Technical analysis published on 04/03/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

28%

44%

28%

My opinion

Neutral between 0.00996 SGD and 0.01020 SGD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on JPY/SGD. It is difficult to advise a trading direction under these conditions. The first support is located at 0.00996 SGD. The first resistance is located at 0.01020 SGD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The JPY/SGD rating is 0.01003 SGD. The price registered an increase of +0.30% on the session and was traded between 0.01000 SGD and 0.01004 SGD over the period. The price is currently at +0.30% from its lowest and -0.10% from its highest.

0.01000

0.01004

0.01003

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this JPY/SGD chart shows a slightly bearish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.00973	0.00985	0.00996	0.01003	0.01006	0.01020	0.01032
Change (%)	-2.99%	-1.79%	-0.70%	-	+0.30%	+1.69%	+2.89%
Change	-0.00030	-0.00018	-0.00007	-	+0.00003	+0.00017	+0.00029
Level	Minor	Major	Major	-	Major	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.00992	0.00995	0.00997	0.01000	0.01002	0.01005	0.01007
Camarilla	0.00999	0.00999	0.01000	0.01000	0.01001	0.01001	0.01001
Woodie	0.00993	0.00995	0.00998	0.01000	0.01003	0.01005	0.01008
Fibonacci	0.00995	0.00997	0.00998	0.01000	0.01002	0.01003	0.01005

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.00963	0.00979	0.00990	0.01006	0.01017	0.01033	0.01044
Camarilla	0.00995	0.00997	0.01000	0.01002	0.01005	0.01007	0.01009
Woodie	0.00962	0.00978	0.00989	0.01005	0.01016	0.01032	0.01043
Fibonacci	0.00979	0.00989	0.00995	0.01006	0.01016	0.01022	0.01033

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.00934	0.00959	0.00980	0.01005	0.01026	0.01051	0.01072
Camarilla	0.00989	0.00994	0.00998	0.01002	0.01006	0.01010	0.01015
Woodie	0.00933	0.00958	0.00979	0.01004	0.01025	0.01050	0.01071
Fibonacci	0.00959	0.00976	0.00987	0.01005	0.01022	0.01033	0.01051

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.80
MACD (12,26,9):	0.0000
Directional Movement:	1.93006
AROON (14):	21.42857
DEMA (21):	0.01006
Parabolic SAR (0,02-0,02-0,2):	0.01023
Elder Ray (13):	-0.00004
Super Trend (3,10):	0.00983
Zig ZAG (10):	0.01002
VORTEX (21):	1.0425
Stochastique (14,3,5):	21.90
TEMA (21):	0.01007
Williams %R (14):	-74.29
Chande Momentum Oscillator (20):	-0.00015
Repulse (5,40,3):	0.1952
ROCnROLL:	2
TRIX (15,9):	0.0342
Courbe Coppock:	0.02

MA7:	0.01005
MA20:	0.01007
MA50:	0.01003
MA100:	0.01004
MAexp7:	0.01004
MAexp20:	0.01005
MAexp50:	0.01004
MAexp100:	0.01003
Price / MA7:	-0.20%
Price / MA20:	-0.40%
Price / MA50:	-0%
Price / MA100:	-0.10%
Price / MAexp7:	-0.10%
Price / MAexp20:	-0.20%
Price / MAexp50:	-0.10%
Price / MAexp100:	-0%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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