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Forex Trend Analysis Report

Prepared for you on Saturday, May 8, 2021.

/US Dollar (FOREX:MZNUSD)

Bull Market Weakness (+75) - MZNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MZNUSD as it may be in the beginning stages of a reversal.

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.

FOREX_MZNUSD
Open High Low MZNUSD Price Change
0.01721354 0.01721354 0.01721354 0.01721354 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term up The long-term trend has been UP since Mar 15th, 2021 at 0.01358238

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2021 at 0.01331704

short term up The short-term trend has been UP since Feb 18th, 2021 at 0.01328153

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).

+70
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01721354 0.01721354 0.01721354 0.01721354 0.00000000
Prev. Close Volume Bid Ask Time
0.01721354 2021-05-07 16:38:23
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