Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Weak Downtrend (-65) - SGDPLN is showing signs of a strengthening downtrend. Monitor SGDPLN as it may be building momentum to the downside.

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
3.3122800 3.3215050 3.3106351 3.3137850 +0.0015050
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term up The long-term trend has been UP since Feb 24th, 2022 at 3.075145

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2022 at 3.305830

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 3.337345

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
3.3122800 3.3215050 3.3106351 3.3137850 +0.0015050
Prev. Close Volume Bid Ask Time
3.3122800 2022-08-15 03:53:09
Get a free daily analysis and signals for Singapore Dollar/Polish New Zloty (SGDPLN) - Request Your Free Report.