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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Weak Downtrend (-65) - SGDPLN is showing signs of a strengthening downtrend. Monitor SGDPLN as it may be building momentum to the downside.

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.

FOREX_SGDPLN
Open High Low SGDPLN Price Change
2.958375 2.967180 2.951950 2.956940 -0.001435
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 2.9447050

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2024 at 2.9660400

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 2.9501294

Smart Scan Analysis for SGDPLN

Based on our trend formula, SGDPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.958375 2.967180 2.951950 2.956940 -0.001435
Prev. Close Volume Bid Ask Time
2.958375 2024-03-28 16:44:06
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