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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

/Euro (FOREX:ZMWEUR)

Strong Downtrend (-100) - ZMWEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZMWEUR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZMWEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZMWEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZMWEUR
Open High Low ZMWEUR Price Change
0.04583396 0.04583396 0.04583396 0.04583396 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWEUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 0.06080229

intermediate term down The intermediate-term trend has been DOWN since Oct 5th, 2022 at 0.06397200

short term down The short-term trend has been DOWN since Nov 2nd, 2022 at 0.06409994

Smart Scan Analysis for ZMWEUR

Based on our trend formula, ZMWEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZMWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04583396 0.04583396 0.04583396 0.04583396 0.00000000
Prev. Close Volume Bid Ask Time
0.04583396 2023-03-18 03:55:52
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