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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

US Dollar/ (FOREX:USDMZN)

Weak Downtrend (-65) - USDMZN is showing signs of a strengthening downtrend. Monitor USDMZN as it may be building momentum to the downside.

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
74.905 74.905 74.905 74.905 0.000
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 down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 75.155

short term down The short-term trend has been DOWN since Feb 11th, 2021 at 75.235

Smart Scan Analysis for USDMZN

Based on our trend formula, USDMZN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.905 74.905 74.905 74.905 0.000
Prev. Close Volume Bid Ask Time
74.905 74.160 75.650 2021-02-25 04:29:25
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