Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/ (FOREX:USDZMW)
Strong Uptrend (+100) - USDZMW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDZMW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDZMW?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDZMW.
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 USDZMW
The long-term trend has been UP since Sep 4th, 2023 at 20.117041
The intermediate-term trend has been UP since Mar 11th, 2024 at 24.173341
The short-term trend has been UP since Apr 9th, 2024 at 24.721263
Smart Scan Analysis for USDZMW
Based on our trend formula, USDZMW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.380043 | 27.380043 | 27.380043 | 27.380043 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.380043 | 2024-05-09 07:26:27 |