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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

/US Dollar (FOREX:MZNUSD)

Bear Market Rally (-75) - MZNUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MZNUSD as it may be in the beginning 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
0.01330757 0.01330757 0.01330757 0.01330757 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term down The long-term trend has been DOWN since Feb 11th, 2020 at 0.01559032

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2021 at 0.01332504

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 -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01330757 0.01330757 0.01330757 0.01330757 0.00000000
Prev. Close Volume Bid Ask Time
0.01331180 2021-02-23 15:11:38
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