Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Euro/Polish New Zloty (FOREX:EURPLN)
Countertrend Up (+85) - EURPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 16th, 2020 at 4.426300
The intermediate-term trend has been UP since Jan 27th, 2020 at 4.262200
The short-term trend has been DOWN since Mar 26th, 2020 at 4.508345
Smart Scan Analysis for EURPLN
Based on our trend formula, EURPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).