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.
MarketClub’s Trade Triangles for EURPLN
The long-term trend has been UP since Sep 6th, 2023 at 4.54850
The intermediate-term trend has been UP since Aug 15th, 2023 at 4.49500
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).