Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
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.
MarketClub’s Trade Triangles for ZMWEUR
The long-term trend has been UP since Jul 27th, 2021 at 0.03857459
The intermediate-term trend has been UP since Nov 24th, 2021 at 0.04990474
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).