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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Euro/Polish New Zloty (FOREX:EURPLN)

Long-Term Downtrend (-90) - EURPLN is in a strong downtrend that is likely to continue. While EURPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.536695 4.541215 4.534110 4.538930 +0.002235
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term down The long-term trend has been DOWN since Jan 7th, 2022 at 4.545635

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2021 at 4.585570

short term down The short-term trend has been DOWN since Dec 21st, 2021 at 4.620825

Smart Scan Analysis for EURPLN

Based on our trend formula, EURPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.536695 4.541215 4.534110 4.538930 +0.002235
Prev. Close Volume Bid Ask Time
4.536695 2022-01-16 21:14:33
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