Forex Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
Polish New Zloty/Singapore Dollar (FOREX:PLNSGD)
Bull Market Weakness (+75) - PLNSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSGD
The long-term trend has been DOWN since Feb 24th, 2022 at 0.32519
The intermediate-term trend has been UP since May 23rd, 2022 at 0.31538
The short-term trend has been UP since May 17th, 2022 at 0.31230
Smart Scan Analysis for PLNSGD
Based on our trend formula, PLNSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).