Forex Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)
Strong Downtrend (-100) - SGDPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 May 18th, 2021 at 2.781015
The intermediate-term trend has been DOWN since Apr 8th, 2021 at 2.846325
The short-term trend has been DOWN since May 7th, 2021 at 2.829515
Smart Scan Analysis for SGDPLN
Based on our trend formula, SGDPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).