Forex Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SGDPLN
The long term trend has been DOWN since Sep 20th, 2018 at 2.672745
The intermediate term trend has been UP since Oct 2nd, 2018 at 2.712200
The short term trend has been UP since Oct 17th, 2018 at 2.702200
Smart Scan Analysis for SGDPLN
Based on a pre-defined weighted trend formula for chart analysis, SGDPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).