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Forex Trend Analysis Report
Prepared for you on Monday, October 25, 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.
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MarketClub’s Trade Triangles for EURPLN
The long-term trend has been UP since Sep 20th, 2021 at 4.6025
The intermediate-term trend has been UP since Sep 17th, 2021 at 4.5909
The short-term trend has been UP since Oct 18th, 2021 at 4.5829
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.60266 | 4.62080 | 4.59272 | 4.61433 | +0.01167 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.60266 | 2021-10-25 15:29:09 |