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.
MarketClub’s Trade Triangles for USDZMW
The long-term trend has been UP since Aug 18th, 2020 at 18.670305
The intermediate-term trend has been UP since Jul 15th, 2020 at 18.146024
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).