Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Bull Market Weakness (+75) - EURZMW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURZMW as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURZMW
The long-term trend has been UP since Nov 11th, 2022 at 16.4469
The intermediate-term trend has been UP since Oct 5th, 2022 at 15.6320
The short-term trend has been UP since Nov 2nd, 2022 at 15.6008
Smart Scan Analysis for EURZMW
Based on our trend formula, EURZMW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).