Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
US Dollar/ (FOREX:USDZMW)
Countertrend Up (+85) - USDZMW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 May 1st, 2018 at 9.787100
The intermediate-term trend has been UP since Jan 20th, 2020 at 14.226862
The short-term trend has been UP since Feb 24th, 2020 at 14.699608
Smart Scan Analysis for USDZMW
Based on our trend formula, USDZMW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).