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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

/US Dollar (FOREX:ZMWUSD)

Strong Downtrend (-100) - ZMWUSD 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 ZMWUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZMWUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZMWUSD
Open High Low ZMWUSD Price Change
0.05280635 0.05280635 0.05280635 0.05280635 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWUSD

long term down The long-term trend has been DOWN since May 1st, 2018 at 0.10217500

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.07029027

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 0.06802970

Smart Scan Analysis for ZMWUSD

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

-100
Smart Scan Analysis for ZMWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05280635 0.05280635 0.05280635 0.05280635 0.00000000
Prev. Close Volume Bid Ask Time
0.05280635 0.05267717 0.05293552 2020-04-06 21:07:43
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