When a plate passes/rotates by a magnetic field, Eddy currents will be induced in plate due to change of flux through the plate. You may say that the plate around the magnetic field forms a short circuited coil ( 1 turn ). So now you have a magnet outside the plate and an electric magnet inside the plate, and they will attrack each other in a direction perpendicular to the plate, and that will not brake the (rotating) plate. It's the same principle as for an induction motor.
But the coil in the plate has some self induction, thus the growth/decline of the current in the coil will be delayed with respect to passing the outside magnet, and therefore the force between the two magnets will be skew, and the plate will be braked.
I think you will have to calculate the braking force numerically from induced Eddy current and from self induction in the inside coil, passing speed, etc.
At speed ≈ 0, the brake will not work at all, due to Eddy current.