Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
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.
MarketClub’s Trade Triangles for ZMWEUR
The long-term trend has been DOWN since Jul 9th, 2020 at 0.04894313
The intermediate-term trend has been DOWN since Feb 9th, 2021 at 0.03849781
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).