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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

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
4.612805 4.642400 4.609500 4.614200 +0.001395
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term up The long-term trend has been UP since Sep 6th, 2023 at 4.54850

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2023 at 4.49500

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 4.63225

Smart Scan Analysis for EURPLN

Based on our trend formula, EURPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.612805 4.642400 4.609500 4.614200 +0.001395
Prev. Close Volume Bid Ask Time
4.612805 2023-09-21 17:28:14
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