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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Singapore Dollar/Polish New Zloty (FOREX:SGDPLN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
2.784590 2.787960 2.780795 2.787630 +0.003040
Entry Signal

MarketClub’s Trade Triangles for SGDPLN

long term down The long term trend has been DOWN since Jun 4th, 2019 at 2.778845

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2019 at 2.791945

short term up The short term trend has been UP since Jun 14th, 2019 at 2.765850

Smart Scan Analysis for SGDPLN

Based on a pre-defined weighted trend formula for chart analysis, SGDPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SGDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.784590 2.787960 2.780795 2.787630 +0.003040
Prev. Close Volume Bid Ask Time
2.784590 2.786590 2.788670 2019-06-19 13:24:26
Want to analyze Singapore Dollar/Polish New Zloty SGDPLN or another symbol? Try our Free Forex Trend Analysis Report.