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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Euro/ (FOREX:EURZMW)

Sidelines Mode (+55) - EURZMW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURZMW?

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

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

FOREX_EURZMW
Open High Low EURZMW Price Change
27.296 27.296 27.296 27.296 0.000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term up The long-term trend has been UP since Sep 4th, 2023 at 21.667

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 26.424

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 27.850

Smart Scan Analysis for EURZMW

Based on our trend formula, EURZMW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.296 27.296 27.296 27.296 0.000
Prev. Close Volume Bid Ask Time
27.296 2024-03-28 02:42:09
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