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EUR/PLN

EURPLN
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4.317

+0.004+0.09%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.10%

5 Days

+0.34%

1 Month

-0.46%

6 Months

+2.33%

Year to Date

+2.44%

1 Year

+1.76%

Key Data Points

Opening Price

4.312

Previous Closing Price

4.313
Price Range of the Day
4.3064.320
52-Week Price Range
4.1844.350

Polish Zloty: Slow NBP hawkish shift weighs on PLN - Commerzbank

Commerzbank’s Tatha Ghose reports that Polish headline and core inflation have re-accelerated, with seasonally adjusted monthly rates now clearly above target. This makes earlier signals from National Bank of Poland (NBP) Governor Adam Glapinski about possible rate cuts obsolete.

FxstreetMon, Aug 17

Poland: Fuel-driven inflation rise contained – ING

ING’s Adam Antoniak explains that Poland’s July CPI rose mainly due to higher fuel prices after VAT normalization, removal of the fuel cap and increased Oil costs following the US–Iran MoU collapse.

FxstreetThu, Aug 13

Denmark: Tax cuts keep inflation below the euro area – Nordea

Nordea economist Jan Størup Nielsen notes that Danish inflation eased slightly in July, with headline consumer prices up 1.7% year-over-year and core inflation steady at 2.3%.

FxstreetMon, Aug 10

Polish Zloty: Near-term EUR/PLN forecast raised to 4.30 – Commerzbank

Commerzbank’s Tatha Ghose raises the near-term EUR/PLN forecast from 4.20 to 4.30, citing recent global risk-off moves and uncertainty surrounding the oil price shock.

FxstreetFri, Aug 7

Polish Zloty: Glapinski probe seen low-impact for FX – Commerzbank

Commerzbank’s Tatha Ghose highlights accelerating efforts in Poland’s Sejm to hold NBP Governor Adam Glapinski accountable before the State Tribunal, amid allegations of politicising the central bank.

FxstreetThu, Jul 30

Polish Zloty: Political fragmentation clouds zloty outlook – Commerzbank

Commerzbank’s Tatha Ghose highlights that Poland’s Law and Justice party has split, with Mateusz Morawiecki forming Development Plus and polling above the Sejm threshold.

FxstreetTue, Jul 28

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(2)
Neutral(2)
Buy(9)
Indicators
Sell(2)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Buy
RSI(14)
56.729
Neutral
STOCH(KDJ)(9,3,3)
67.683
Neutral
ATR(14)
0.015
Low Volatility
CCI(14)
105.333
Buy
Williams %R
32.941
Buy
TRIX(12,20)
-0.001
Sell
StochRSI(14)
61.543
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
4.313
Buy
MA10
4.307
Buy
MA20
4.308
Buy
MA50
4.299
Buy
MA100
4.270
Buy
MA200
4.249
Buy

EUR/PLN Trading Strategy

Intraday
Short Term
Rebound towards 4.3281

Trading Strategy

Rebound towards 4.3281

Alternative scenario

below 4.3122, expect 4.3067 and 4.3033.

Comment

Rebound towards 4.3281

5 hours ago
Source: Trading Central(Reference Only)

More Details of EUR/PLN

The EURPLN, or Euro vs Polish Zloty, is a currency pair that represents the exchange rate between the Eurozone’s currency, the Euro (EUR), and Poland’s currency, the Zloty (PLN). Poland being a member of the European Union but not part of the Eurozone, the EURPLN pair is influenced by both European-wide economic events and Poland-specific factors. This pair is known for its sensitivity to political and economic changes within Poland and the broader European region, offering traders opportunities in a market with a mix of volatility and liquidity.

Can the EURPLN pair be considered a carry trade currency pair?

The EURPLN pair can be considered for carry trade strategies when the interest rate differential between the Eurozone and Poland is significant. Carry trade involves borrowing in a low-interest-rate currency and investing in a higher-interest-rate currency to profit from the interest rate differential. If Poland’s interest rates are higher than those in the Eurozone, the EURPLN pair might attract carry trade investors looking to capitalize on this difference.

What are the best times to trade EURPLN?

The best times to trade EURPLN are during the European trading session, especially when economic data from Poland or the Eurozone is released, as this is when the pair tends to have the highest volatility and liquidity.

How does the Polish economy affect the EURPLN pair?

The Polish economy’s performance, including growth rates, inflation, and employment data, directly affects the value of the PLN. Strong economic data can strengthen the PLN, while weak data can weaken it, influencing the EURPLN exchange rate.

EUR/PLN

4.317
+0.004+0.09%
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