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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Euro/Polish New Zloty (FOREX:EURPLN)

Sidelines Mode (-55) - EURPLN 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 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.

FOREX_EURPLN
Open High Low EURPLN Price Change
4.683900 4.706600 4.660340 4.663055 -0.020845
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term up The long-term trend has been UP since Mar 1st, 2022 at 4.718765

intermediate term down The intermediate-term trend has been DOWN since Aug 3rd, 2022 at 4.691500

short term up The short-term trend has been UP since Aug 15th, 2022 at 4.691900

Smart Scan Analysis for EURPLN

Based on our trend formula, EURPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.683900 4.706600 4.660340 4.663055 -0.020845
Prev. Close Volume Bid Ask Time
4.683900 2022-08-16 20:39:46
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