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Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
US Dollar/ (FOREX:USDZMW)
Sidelines Mode (+50) - USDZMW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDZMW can gain 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.
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MarketClub’s Trade Triangles for USDZMW
The long-term trend has been DOWN since Jul 27th, 2021 at 21.988132
The intermediate-term trend has been UP since Sep 22nd, 2021 at 16.384356
The short-term trend has been UP since Sep 9th, 2021 at 16.122879
Smart Scan Analysis for USDZMW
Based on our trend formula, USDZMW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.713611 | 17.713611 | 17.713611 | 17.713611 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.713611 | 2021-11-24 07:23:55 |