Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
US Dollar/ (FOREX:USDZMW)
Bull Market Weakness (+75) - USDZMW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDZMW as it may be in the beginning stages of a reversal.
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 Nov 2nd, 2022 at 16.177072
The intermediate-term trend has been UP since Nov 2nd, 2022 at 15.981665
The short-term trend has been UP since Nov 2nd, 2022 at 15.981665
Smart Scan Analysis for USDZMW
Based on our trend formula, USDZMW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).