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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
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.
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MarketClub’s Trade Triangles for EURPLN
The long-term trend has been DOWN since Dec 19th, 2024 at 4.251700
The intermediate-term trend has been DOWN since Nov 25th, 2024 at 4.308475
The short-term trend has been UP since Dec 18th, 2024 at 4.274200
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2619 | 4.2619 | 4.2615 | 4.2619 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2619 | 2024-12-22 04:00:59 |