EUR/PLN forecast 2025: Third-party price targets
The euro–Polish zloty (EUR/PLN) pair draws on a broad mix of economic data, policy expectations and evolving market conditions, making it widely followed across the market.
EUR/PLN traded at 4.2297 as of 4:48pm UTC on 26 November 2025, marking the intraday low, while the session high reached 4.2353. The pair remains tightly range-bound near the 4.23 level, showing limited movement within the day’s window, according to Capital.com’s feed.
Price action reflects several macroeconomic and market factors. Polish industry and retail sales data have exceeded expectations this week, but wages remain weaker, shifting market focus to potential rate cuts in December. Meanwhile, euro area inflation has eased slightly, while third-quarter GDP growth outperformed forecasts, helping to stabilise sentiment (ING Think, 25 November 2025).
Past performance is not a reliable indicator of future results.
EUR/PLN forecast 2025: Analyst price target view
UBS (global investment bank)
UBS revised its EUR/PLN forecast in November, expecting the pair to remain between 4.20 and 4.23 through mid-2026, citing the currency’s sideways trend and Poland’s stable economic growth, which may support relative zloty strength against the euro (Investing.com, 21 November 2025).
Exchange-Rates.org (annual average)
The 2025 average EUR/PLN exchange rate is estimated at 4.2419, with the yearly high at 4.2949 in April and a low of 4.1391 in February. Analysts note the euro’s –1.26% year-to-date move versus the zloty, reflecting shifts in regional economic conditions (Exchange-Rates.org, 25 November 2025).
Long Forecast (independent model)
The model’s November 2025 projection starts at 4.251, with a monthly high of 4.329 and a low of 4.141, giving an average near 4.232. The framework accounts for changes in global risk appetite and intermittent Eurozone volatility seen in late autumn 2025 (Long Forecast, 26 November 2025).
Statista (historical survey)
Statista reports a reference rate of 4.23 for mid-November 2025, keeping EUR/PLN within its annual trading band. The figure reflects historical averages compiled through November’s close (Statista, 14 November 2025).
Analyst forecasts are often inaccurate and cannot account for unexpected market events, policy changes or sentiment shifts. Past or projected performance should not be relied upon as a guide to future results and does not constitute investment advice.
EUR/PLN technical overview
EUR/PLN trades at 4.2297 as of 4:48pm UTC on 26 November 2025, just below its daily Classic Pivot at 4.2483. Moving averages remain clustered overhead, with 20-, 50-, 100- and 200-day values near 4.24, 4.25, 4.25 and 4.24, forming a broad resistance zone above current levels.
The 14-day Relative Strength Index (RSI) stands at 46.0, indicating neutral momentum, while the ADX at 13.8 signals a weak directional trend. On the upside, Classic R1 at 4.2735 is the first resistance level in focus; a sustained daily close above it could bring R2 at 4.2939 into view. On the downside, the Classic Pivot and 200-day SMA near 4.24 form initial support, while S1 at 4.2280 may act as the next level if selling pressure increases (TradingView, 26 November 2025).
This technical analysis is for informational purposes only and should not be interpreted as financial advice or a recommendation to buy or sell any instrument.
Euro–zloty history
EUR/PLN traded mostly between 4.29 and 4.38 during late 2023, showing short-lived bouts of volatility around year-end but no clear directional trend. Through 2024, the pair moved within a 4.29–4.36 range, peaking at 4.39 in mid-June, followed by a brief dip to 4.17 in April 2025. Since mid-2025, movement has narrowed further, with intraday fluctuations rarely outside 4.22–4.26.
By autumn 2025, EUR/PLN touched a session low of 4.2215 on 26 November, closing near 4.2327. The pair remains largely flat year to date, down only marginally over the past 12 months, suggesting low overall volatility but ongoing interplay between economic and policy developments..
Past performance is not a reliable indicator of future results.
Capital.com’s client sentiment for euro / Polish zloty CFDs
As of 26 November 2025, Capital.com’s client sentiment data shows 84.2% of traders holding long positions in EUR/PLN CFDs and 15.8% short positions, indicating a 68.4-point bias toward buyers. This asymmetry in positioning suggests that most active traders currently expect the pair to rise, although client sentiment may change at any time.
FAQ
What is the forecast for EUR/PLN?
Analysts’ projections for the euro–zloty exchange rate currently cluster between 4.20 and 4.38, with many expecting the pair to remain close to 4.24 through late 2025 and into 2026. The overall view suggests a largely range-bound pattern, influenced by Poland’s steady economic performance and moderate euro area inflation. However, forecasts differ across institutions and are subject to uncertainties linked to monetary policy, global economic developments and shifts in investor sentiment.
Why has EUR/PLN been dropping or rising?
EUR/PLN movements are primarily influenced by macroeconomic indicators, policy expectations and broader market sentiment. In recent months, stronger Polish industrial and retail data have supported the zloty, while softer wage growth and speculation over possible rate cuts have tempered its gains. On the euro side, slightly lower inflation and firmer GDP growth have contributed to more stable conditions. Short-term price changes often result from fluctuations in global risk appetite or reactions to new data, rather than a single driving factor.
Could EUR/PLN go up or down?
Like any currency pair, EUR/PLN may move in either direction depending on economic conditions, policy changes and global events. A stronger zloty could develop if Poland’s economy remains resilient or if interest rate differentials favour the local currency. Conversely, the pair could rise if the euro strengthens or if regional monetary policy shifts. As these factors can change quickly, future direction is uncertain, and any movement should be considered within the broader context of market risk and volatility.
How can I trade EUR/PLN CFDs on Capital.com?
You can trade EUR/PLN as a contract for difference (CFD) on Capital.com’s award-winning platform. This enables you to speculate on price movements without owning the underlying currencies, with the option to go long or short depending on your view of the market. The platform provides real-time data, advanced charting tools and educational resources to support informed decision-making. Please note that CFDs are traded on margin, and leverage amplifies both profits and losses.