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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Euro/Polish New Zloty (FOREX:EURPLN)

Countertrend Down (-85) - EURPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
4.3384 4.3384 4.3315 4.3384 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 4.401505

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2023 at 4.582965

short term up The short-term trend has been UP since Dec 1st, 2023 at 4.366500

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).

-85
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3384 4.3384 4.3315 4.3384 0.0000
Prev. Close Volume Bid Ask Time
4.3384 2023-12-09 04:11:30
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