Today's EUR to PLN Price Update

Summary

This report provides the real-time exchange rate between the Euro (EUR) and Polish Zloty (PLN), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies and the official currency of the Eurozone, while the Polish Zloty (PLN) is the national currency of Poland. The exchange rate between them reflects market sentiment regarding the relative strength of these two currencies and economic conditions in their respective regions.

Today’s Price

• 1 EUR = 4.21 PLN
• 24h High: 4.2073 PLN
• 24h Low: 4.205 PLN

Market Analysis

Recent EUR/PLN price movement shows a bearish trend with the currency pair trading in a relatively narrow range. Technical analysis indicates significant resistance around the 4.3000 level, with the pair struggling to break above this barrier.

• Technical levels: Key support at 4.20, 4.21, and 4.22 PLN; resistance at 4.24, 4.25, and 4.26 PLN; pivot point at 4.23 PLN
• Risk note: A strong bearish trend remains in effect as long as prices remain below the 4.2831 PLN resistance level
• Trading opportunities: Watch for potential range-bound trading between 4.16–4.20 PLN, with a 90% probability of trading within this zone in the near term

Conclusion

Continue to monitor the EUR/PLN pair closely, integrating technical support and resistance levels with broader market sentiment. Traders should focus on key technical zones and remain alert to potential breakouts or reversals at established resistance levels.