Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
/US Dollar (FOREX:MZNUSD)
Weak Downtrend (-65) - MZNUSD is showing signs of a strengthening downtrend. Monitor MZNUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MZNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MZNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MZNUSD
The long-term trend has been UP since Nov 30th, 2022 at 0.01567537
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 0.01563937
The short-term trend has been DOWN since Mar 17th, 2023 at 0.01565733
Smart Scan Analysis for MZNUSD
Based on our trend formula, MZNUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).