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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Polish New Zloty (FOREX:EURPLN)
Bear Market Rally (-75) - EURPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURPLN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURPLN
The long-term trend has been DOWN since Mar 11th, 2024 at 4.29255
The intermediate-term trend has been UP since Apr 16th, 2024 at 4.32190
The short-term trend has been DOWN since May 6th, 2024 at 4.31420
Smart Scan Analysis for EURPLN
Based on our trend formula, EURPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.300385 | 4.301600 | 4.298340 | 4.300420 | +0.000035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.300385 | 2024-05-09 00:34:11 |