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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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.

FOREX_EURZMW
Open High Low EURZMW Price Change
20.1483 20.1483 20.1483 20.1483 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term up The long-term trend has been UP since Sep 16th, 2018 at 12.0904

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2020 at 20.0697

short term up The short-term trend has been UP since May 28th, 2020 at 19.9631

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).

+55
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.1483 20.1483 20.1483 20.1483 0.0000
Prev. Close Volume Bid Ask Time
20.1483 20.0983 20.1983 2020-05-28 21:09:24
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