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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

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
3.170940 3.179465 3.163890 3.164510 -0.006430
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term up The long-term trend has been UP since Sep 7th, 2023 at 3.1440700

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2023 at 3.0390657

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 3.1812024

Smart Scan Analysis for SGDPLN

Based on our trend formula, SGDPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.170940 3.179465 3.163890 3.164510 -0.006430
Prev. Close Volume Bid Ask Time
3.170940 2023-09-21 04:18:27
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