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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Euro/ (FOREX:EURZMW)

Countertrend Up (+85) - EURZMW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid EURZMW?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURZMW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURZMW
Open High Low EURZMW Price Change
27.505 27.505 27.505 27.505 0.000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term up The long-term trend has been UP since Sep 4th, 2023 at 21.667

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 27.296

short term up The short-term trend has been UP since Apr 18th, 2024 at 26.917

Smart Scan Analysis for EURZMW

Based on our trend formula, EURZMW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.505 27.505 27.505 27.505 0.000
Prev. Close Volume Bid Ask Time
27.505 2024-04-22 21:00:58
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