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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_SGDPLN
Open High Low SGDPLN Price Change
2.746070 2.749475 2.744070 2.749475 +0.003405
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term up The long term trend has been UP since Apr 26th, 2018 at 2.632700

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 2.727145

short term up The short term trend has been UP since Aug 3rd, 2018 at 2.698910

Smart Scan Analysis for SGDPLN

Based on a pre-defined weighted trend formula for chart analysis, SGDPLN scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.746070 2.749475 2.744070 2.749475 +0.003405
Prev. Close Volume Bid Ask Time
2.746070 2.748450 2.750500 2018-08-20 04:33:15
Want to analyze Singapore Dollar/Polish New Zloty SGDPLN or another symbol? Try our Free Forex Trend Analysis Report.