Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
/Euro (FOREX:ZMWEUR)
Bear Market Rally (-75) - ZMWEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZMWEUR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for ZMWEUR
The long-term trend has been DOWN since Sep 4th, 2023 at 0.04615338
The intermediate-term trend has been UP since Oct 4th, 2024 at 0.03431719
The short-term trend has been DOWN since Nov 8th, 2024 at 0.03443181
Smart Scan Analysis for ZMWEUR
Based on our trend formula, ZMWEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03423495 | 0.03423495 | 0.03423495 | 0.03423495 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03423495 | 2024-11-20 19:11:54 |