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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.

FOREX_ZMWUSD
Open High Low ZMWUSD Price Change
0.04706689 0.04707362 0.04706689 0.04707362 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for ZMWUSD

long term down The long-term trend has been DOWN since Nov 2nd, 2022 at 0.06181647

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2022 at 0.06257235

short term down 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).

-90
Smart Scan Analysis for ZMWUSD
Strong Downtrend Sideways 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
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