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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/ (FOREX:USDZMW)
Weak Uptrend (+65) - USDZMW is showing signs of weakening momentum to the upside. Monitor 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.
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MarketClub’s Trade Triangles for USDZMW
The long-term trend has been UP since Sep 4th, 2023 at 20.117041
The intermediate-term trend has been UP since Jul 17th, 2024 at 25.880888
The short-term trend has been DOWN since Oct 9th, 2024 at 26.432962
Smart Scan Analysis for USDZMW
Based on our trend formula, USDZMW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.498414 | 26.498414 | 26.498414 | 26.498414 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.530820 | 2024-10-19 08:23:40 |