Analyze Symbol

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.

FOREX_SGDPLN
Open High Low SGDPLN Price Change
2.7091 2.7091 2.7091 2.7091 0.0000
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term down The long term trend has been DOWN since Sep 20th, 2018 at 2.672745

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2018 at 2.712200

short term up 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).

+60
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7091 2.7091 2.7091 2.7091 0.0000
Prev. Close Volume Bid Ask Time
2.7091 2.7086 2.7096 2018-10-20 09:13:48
Want to analyze Singapore Dollar/Polish New Zloty SGDPLN or another symbol? Try our Free Forex Trend Analysis Report.