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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Euro/Polish New Zloty (FOREX:EURPLN)

Weak Downtrend (-65) - EURPLN is showing signs of a strengthening downtrend. Monitor EURPLN as it may be building momentum to the downside.

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
4.470520 4.474800 4.459265 4.461765 -0.008755
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term up The long-term trend has been UP since Sep 21st, 2020 at 4.49580

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2020 at 4.50010

short term down The short-term trend has been DOWN since Nov 18th, 2020 at 4.46192

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
4.470520 4.474800 4.459265 4.461765 -0.008755
Prev. Close Volume Bid Ask Time
4.470520 2020-11-24 20:44:06
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