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.
MarketClub’s Trade Triangles for ZMWUSD
The long-term trend has been DOWN since May 1st, 2018 at 0.10217500
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.07029027
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).