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Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

/US Dollar (FOREX:MZNUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
0.016531 0.016531 0.016531 0.016531 0.000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term down The long term trend has been DOWN since Sep 12th, 2018 at 0.016585

intermediate term up The intermediate term trend has been UP since Oct 11th, 2018 at 0.016456

short term up The short term trend has been UP since Oct 11th, 2018 at 0.016490

Smart Scan Analysis for MZNUSD

Based on a pre-defined weighted trend formula for chart analysis, MZNUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.016531 0.016531 0.016531 0.016531 0.000000
Prev. Close Volume Bid Ask Time
0.016531 0.016340 0.016722 2018-10-11 10:56:54
Want to analyze /US Dollar MZNUSD or another symbol? Try our Free Forex Trend Analysis Report.