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Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Euro/ (FOREX:EURZMW)
Sidelines Mode (+50) - EURZMW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURZMW can gain momentum.
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 DOWN since Jul 27th, 2021 at 25.9239
The intermediate-term trend has been UP since Jan 3rd, 2022 at 18.8656
The short-term trend has been UP since Dec 22nd, 2021 at 18.4213
Smart Scan Analysis for EURZMW
Based on our trend formula, EURZMW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.7604 | 19.7604 | 19.7604 | 19.7604 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.7604 | 2022-01-20 21:08:21 |