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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Weak Uptrend (+65) - SGDPLN is showing signs of weakening momentum to the upside. Monitor 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
2.9380200 2.9407800 2.9261750 2.9322464 -0.0057740
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term up The long-term trend has been UP since Jun 14th, 2024 at 3.017620

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 2.952155

short term up The short-term trend has been UP since Jul 24th, 2024 at 2.933495

Smart Scan Analysis for SGDPLN

Based on our trend formula, SGDPLN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9380200 2.9407800 2.9261750 2.9322464 -0.0057740
Prev. Close Volume Bid Ask Time
2.9380200 2024-07-26 19:39:29
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