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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

/Euro (FOREX:ZMWEUR)

Countertrend Up (+85) - ZMWEUR 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 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
0.05090516 0.05090516 0.05090516 0.05090516 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWEUR

long term up The long-term trend has been UP since Jul 27th, 2021 at 0.03857459

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2021 at 0.04990474

short term up The short-term trend has been UP since Dec 6th, 2021 at 0.04958159

Smart Scan Analysis for ZMWEUR

Based on our trend formula, ZMWEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZMWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05090516 0.05090516 0.05090516 0.05090516 0.00000000
Prev. Close Volume Bid Ask Time
0.05090516 2021-12-07 07:25:43
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