Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)
Long-Term Uptrend (+90) - SGDPLN is in a strong uptrend that is likely to continue. While SGDPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SGDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGDPLN
The long-term trend has been UP since Aug 10th, 2021 at 2.875495
The intermediate-term trend has been UP since Sep 16th, 2021 at 2.887160
The short-term trend has been UP since Oct 19th, 2021 at 2.933105
Smart Scan Analysis for SGDPLN
Based on our trend formula, SGDPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).