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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.
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MarketClub’s Trade Triangles for EURPLN
The long-term trend has been DOWN since Jan 7th, 2022 at 4.545635
The intermediate-term trend has been DOWN since Dec 6th, 2021 at 4.585570
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).
| 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 |