Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

Euro/ (FOREX:EURZMW)

Sidelines Mode (+50) - EURZMW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURZMW can gain momentum.

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
19.7604 19.7604 19.7604 19.7604 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term down The long-term trend has been DOWN since Jul 27th, 2021 at 25.9239

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2022 at 18.8656

short term up The short-term trend has been UP since Dec 22nd, 2021 at 18.4213

Smart Scan Analysis for EURZMW

Based on our trend formula, EURZMW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.7604 19.7604 19.7604 19.7604 0.0000
Prev. Close Volume Bid Ask Time
19.7604 2022-01-20 21:08:21
Get a free daily analysis and signals for Euro/ (EURZMW) - Request Your Free Report.