Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
/US Dollar (FOREX:MZNUSD)
Strong Downtrend (-100) - MZNUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MZNUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MZNUSD
The long-term trend has been DOWN since Nov 19th, 2024 at 0.01564862
The intermediate-term trend has been DOWN since Oct 11th, 2024 at 0.01565708
The short-term trend has been DOWN since Oct 11th, 2024 at 0.01565708
Smart Scan Analysis for MZNUSD
Based on our trend formula, MZNUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01564460 | 0.01564460 | 0.01564335 | 0.01564335 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01564460 | 2024-11-19 16:10:49 |