Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SGDPLN
The long-term trend has been DOWN since Mar 6th, 2024 at 2.944705
The intermediate-term trend has been UP since Apr 15th, 2024 at 2.967180
The short-term trend has been DOWN since Apr 19th, 2024 at 2.975900
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 |
|---|---|---|---|---|
| 2.9570833 | 2.9721850 | 2.9545650 | 2.9649750 | +0.0078920 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9570833 | 2024-04-26 14:13:44 |