Free Daily Analysis

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.

FOREX_PLNSGD
Open High Low PLNSGD Price Change
0.350570 0.350765 0.347575 0.348445 -0.002125
Entry Signal

MarketClub’s Trade Triangles for PLNSGD

long term down The long-term trend has been DOWN since Sep 28th, 2020 at 0.348860

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 0.355250

short term down 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).

-90
Smart Scan Analysis for PLNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.350570 0.350765 0.347575 0.348445 -0.002125
Prev. Close Volume Bid Ask Time
0.350570 2021-03-05 17:00:47
Get a free daily analysis and signals for Polish New Zloty/Singapore Dollar (PLNSGD) - Request Your Free Report.