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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.

FOREX_MZNUSD
Open High Low MZNUSD Price Change
0.01565733 0.01565733 0.01565733 0.01565733 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term up The long-term trend has been UP since Nov 30th, 2022 at 0.01567537

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 0.01563937

short term down 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).

-70
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01565733 0.01565733 0.01565733 0.01565733 0.00000000
Prev. Close Volume Bid Ask Time
0.01566333 2023-03-27 10:41:47
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