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Forex Trend Analysis Report
Prepared for you on Sunday, April 2, 2023.
/US Dollar (FOREX:ZMWUSD)
Long-Term Downtrend (-90) - ZMWUSD is in a strong downtrend that is likely to continue. While ZMWUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for ZMWUSD
The long-term trend has been DOWN since Nov 2nd, 2022 at 0.06181647
The intermediate-term trend has been DOWN since Nov 2nd, 2022 at 0.06257235
The short-term trend has been DOWN since Nov 2nd, 2022 at 0.06257235
Smart Scan Analysis for ZMWUSD
Based on our trend formula, ZMWUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04706689 | 0.04707362 | 0.04706689 | 0.04707362 | +0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04713763 | 2023-03-28 13:24:47 |