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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Polish New Zloty (FOREX:EURPLN)
Countertrend Up (+85) - EURPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Oct 23rd, 2024 at 4.3405
The intermediate-term trend has been UP since Oct 3rd, 2024 at 4.3087
The short-term trend has been UP since Nov 20th, 2024 at 4.3392
Smart Scan Analysis for EURPLN
Based on our trend formula, EURPLN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.333510 | 4.339500 | 4.327145 | 4.337320 | +0.003810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.333510 | 2024-11-20 03:51:38 |