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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

/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, SHORTSYMBOL 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
0.03786157 0.03786157 0.03786157 0.03786157 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWEUR

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 0.04894313

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 0.03849781

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 0.03799478

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
0.03786157 0.03786157 0.03786157 0.03786157 0.00000000
Prev. Close Volume Bid Ask Time
0.03786157 2021-02-24 07:23:17
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