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.
MarketClub’s Trade Triangles for EURPLN
The long-term trend has been UP since Sep 21st, 2020 at 4.49580
The intermediate-term trend has been DOWN since Nov 8th, 2020 at 4.50010
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).