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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
/US Dollar (FOREX:MZNUSD)
Crossroads (-60) - MZNUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MZNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MZNUSD.
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 MZNUSD
The long-term trend has been DOWN since Mar 15th, 2024 at 0.01565095
The intermediate-term trend has been UP since May 2nd, 2024 at 0.01564508
The short-term trend has been UP since Apr 25th, 2024 at 0.01563340
Smart Scan Analysis for MZNUSD
Based on our trend formula, MZNUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01566333 | 0.01566333 | 0.01566333 | 0.01566333 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01566333 | 2024-05-08 12:12:59 |