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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Euro/Polish New Zloty (FOREX:EURPLN)

Bull Market Weakness (+75) - EURPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURPLN as it may be in the beginning stages of a reversal.

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
4.317300 4.365600 4.311815 4.361000 +0.043700
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 4.29255

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 4.32190

short term up The short-term trend has been UP since Apr 12th, 2024 at 4.27230

Smart Scan Analysis for EURPLN

Based on our trend formula, EURPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.317300 4.365600 4.311815 4.361000 +0.043700
Prev. Close Volume Bid Ask Time
4.317300 2024-04-16 12:26:19
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