Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Polish New Zloty/Singapore Dollar (FOREX:PLNSGD)
Long-Term Downtrend (-90) - PLNSGD is in a strong downtrend that is likely to continue. While PLNSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PLNSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSGD
The long-term trend has been DOWN since Sep 28th, 2020 at 0.348860
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 0.355250
The short-term trend has been DOWN since Mar 1st, 2021 at 0.355135
Smart Scan Analysis for PLNSGD
Based on our trend formula, PLNSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).