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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

/US Dollar (FOREX:MZNUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MZNUSD
Open High Low MZNUSD Price Change
0.016489 0.016517 0.016489 0.016517 +0.000028
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term down The long term trend has been DOWN since Dec 6th, 2018 at 0.016302

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 0.016302

short term down The short term trend has been DOWN since Dec 6th, 2018 at 0.016308

Smart Scan Analysis for MZNUSD

Based on a pre-defined weighted trend formula for chart analysis, MZNUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.016489 0.016517 0.016489 0.016517 +0.000028
Prev. Close Volume Bid Ask Time
0.016489 0.016367 0.016667 2018-12-07 17:55:13
Want to analyze /US Dollar MZNUSD or another symbol? Try our Free Forex Trend Analysis Report.