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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SGDPLN
Open High Low SGDPLN Price Change
2.842475 2.863900 2.841640 2.861630 +0.019155
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term up The long term trend has been UP since Aug 1st, 2019 at 2.823340

intermediate term up The intermediate term trend has been UP since Aug 15th, 2019 at 2.837575

short term down The short term trend has been DOWN since Sep 13th, 2019 at 2.840420

Smart Scan Analysis for SGDPLN

Based on a pre-defined weighted trend formula for chart analysis, SGDPLN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.842475 2.863900 2.841640 2.861630 +0.019155
Prev. Close Volume Bid Ask Time
2.842475 2.860570 2.862690 2019-09-16 19:04:40
Want to analyze Singapore Dollar/Polish New Zloty SGDPLN or another symbol? Try our Free Forex Trend Analysis Report.