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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Bull Market Weakness (+75) - SGDPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDPLN as it may be in the beginning stages of a reversal.

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
2.9722650 2.9787700 2.9666039 2.9787600 +0.0064950
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 up The intermediate-term trend has been UP since Jun 7th, 2024 at 2.9534414

short term up The short-term trend has been UP since May 29th, 2024 at 2.9120750

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
2.9722650 2.9787700 2.9666039 2.9787600 +0.0064950
Prev. Close Volume Bid Ask Time
2.9722650 2024-06-13 05:56:25
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