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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

US Dollar/ (FOREX:USDMZN)

Countertrend Up (+85) - USDMZN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid USDMZN?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDMZN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDMZN
Open High Low USDMZN Price Change
69.00 69.00 69.00 69.00 0.00
Entry Signal

MarketClub’s Trade Triangles for USDMZN

long term up The long-term trend has been UP since Feb 10th, 2020 at 64.075

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 62.025

short term up The short-term trend has been UP since Jan 8th, 2020 at 61.705

Smart Scan Analysis for USDMZN

Based on our trend formula, USDMZN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.00 69.00 69.00 69.00 0.00
Prev. Close Volume Bid Ask Time
69.00 68.32 69.68 2020-05-26 05:28:47
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