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Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Euro/ (FOREX:EURZMW)
Countertrend Up (+85) - EURZMW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 23rd, 2023 at 19.923
The short-term trend has been UP since Oct 19th, 2023 at 22.477
Smart Scan Analysis for EURZMW
Based on our trend formula, EURZMW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.013 | 26.013 | 26.013 | 26.013 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.013 | 2023-12-09 00:32:25 |