Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Euro/Polish New Zloty (FOREX:EURPLN)
Long-Term Uptrend (+90) - EURPLN is in a strong uptrend that is likely to continue. While EURPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURPLN
The long-term trend has been UP since Sep 21st, 2020 at 4.4958
The intermediate-term trend has been UP since Feb 25th, 2021 at 4.5263
The short-term trend has been UP since Feb 22nd, 2021 at 4.4975
Smart Scan Analysis for EURPLN
Based on our trend formula, EURPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).