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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

/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, SHORTSYMBOL 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.

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 down The long-term trend has been DOWN since Aug 23rd, 2021 at 0.01570652

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.01564534

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.01564534

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).

-100
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
0.01565133 2021-10-28 11:17:29
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