Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Euro/Polish New Zloty (FOREX:EURPLN)
Crossroads (-60) - EURPLN is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for EURPLN
The long-term trend has been UP since Mar 16th, 2020 at 4.426300
The intermediate-term trend has been DOWN since May 21st, 2020 at 4.514205
The short-term trend has been DOWN since May 19th, 2020 at 4.553260
Smart Scan Analysis for EURPLN
Based on our trend formula, EURPLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).