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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Euro/ (FOREX:EURZMW)
Sidelines Mode (+55) - EURZMW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURZMW
The long-term trend has been UP since Sep 4th, 2023 at 21.667
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 29.140
The short-term trend has been UP since Nov 8th, 2024 at 29.043
Smart Scan Analysis for EURZMW
Based on our trend formula, EURZMW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.21 | 29.21 | 29.21 | 29.21 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.21 | 2024-11-20 19:11:54 |