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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

US Dollar/ (FOREX:USDZMW)

Strong Uptrend (+100) - USDZMW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDZMW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_USDZMW
Open High Low USDZMW Price Change
21.098994 21.098994 21.098994 21.098994 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDZMW

long term up The long-term trend has been UP since Aug 18th, 2020 at 18.670305

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2020 at 18.146024

short term up The short-term trend has been UP since Aug 14th, 2020 at 18.203579

Smart Scan Analysis for USDZMW

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

+100
Smart Scan Analysis for USDZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.098994 21.098994 21.098994 21.098994 0.000000
Prev. Close Volume Bid Ask Time
21.098994 2020-11-23 21:07:06
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