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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

/Euro (FOREX:ZMWEUR)

Bull Market Weakness (+75) - ZMWEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZMWEUR as it may be in the beginning stages 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.

FOREX_ZMWEUR
Open High Low ZMWEUR Price Change
0.03571185 0.03571185 0.03571185 0.03571185 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWEUR

long term down The long-term trend has been DOWN since Sep 4th, 2023 at 0.04615338

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 0.03635715

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.03499206

Smart Scan Analysis for ZMWEUR

Based on our trend formula, ZMWEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZMWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03571185 0.03571185 0.03571185 0.03571185 0.00000000
Prev. Close Volume Bid Ask Time
0.03615472 2024-06-16 21:00:26
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