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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)
Sidelines Mode (-55) - SGDPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SGDPLN
The long-term trend has been DOWN since Jan 23rd, 2025 at 2.988180
The intermediate-term trend has been UP since May 2nd, 2025 at 2.920455
The short-term trend has been DOWN since May 8th, 2025 at 2.907935
Smart Scan Analysis for SGDPLN
Based on our trend formula, SGDPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9120200 | 2.9153950 | 2.9008978 | 2.9020950 | -0.0099250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9120200 | 2025-05-09 07:13:08 |