Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Polish New Zloty/Singapore Dollar (FOREX:PLNSGD)
Sidelines Mode (-55) - PLNSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Aug 10th, 2021 at 0.347760
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.346360
The short-term trend has been UP since Nov 24th, 2021 at 0.327835
Smart Scan Analysis for PLNSGD
Based on our trend formula, PLNSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).