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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Euro/ (FOREX:EURZMW)

Weak Downtrend (-65) - EURZMW is showing signs of a strengthening downtrend. Monitor EURZMW as it may be building momentum to the downside.

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
28.002 28.002 28.002 28.002 0.000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term up The long-term trend has been UP since Sep 4th, 2023 at 21.667

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 27.505

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 28.578

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).

-70
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.002 28.002 28.002 28.002 0.000
Prev. Close Volume Bid Ask Time
28.002 2024-06-14 07:26:15
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