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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

/US Dollar (FOREX:MZNUSD)

Crossroads (-60) - MZNUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01565107 0.01565107 0.01565107 0.01565107 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term down The long-term trend has been DOWN since Jul 5th, 2024 at 0.01561441

intermediate term up The intermediate-term trend has been UP since Jul 23rd, 2024 at 0.01565733

short term up The short-term trend has been UP since Jul 23rd, 2024 at 0.01565107

Smart Scan Analysis for MZNUSD

Based on our trend formula, MZNUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01565107 0.01565107 0.01565107 0.01565107 0.00000000
Prev. Close Volume Bid Ask Time
0.01565107 2024-07-25 12:03:53
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