During Tropical Ocean and Global Atmosphere (TOGA)/Coupled Ocean and Atmosphere Research Experiment (COARE) Intensive Observing Period (IOP), upward-looking acoustic Doppler current profilers (ADCP) and current meters were moored at two equatorial sites (147°E and 154°E) and two off-equatorial sites (2°N and 2°S, 156°E) in the warm pool region of the western equatorial Pacific. Using current data obtained by these moorings, we have shown that there is a dominant signal with a period of about 2 days from the end of November to the middle of December in 1992, except at the equatorial site on 147°E (Ueki et al., 1998). The energy of this quasi-2-day signal for the meridional current is larger than that for the zonal one and the signal has a high coherence between two off-equatorial sites. In this paper, using band-passed time series of the meridional curerent, we investigated characters of the quasi-2-day signal and attempted to interpret this signal as an equatorially trapped wave. Complex empirical orthogonal function (CEOF) analysis reveals two different phase propagating features between the equatorial and off-equatorial site. One is an upward propagating signal, which is dominant near the surface at two off-equatorial sites, and the other is a downward propagating signal, which is dominant near 200 m at the equatorial site. If one interprets the quasi-2-day signal as an equatorially trapped wave, it is suggested that it cannot be explained as a single wave but can be described as the superimposition of several wave signals. The main part of these signals consists of two signals, one caused by a meteorological forcing and another by another factor in the ocean field.