Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
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.
MarketClub’s Trade Triangles for EURZMW
The long-term trend has been UP since Sep 16th, 2018 at 12.0904
The intermediate-term trend has been DOWN since May 4th, 2020 at 20.0697
The short-term trend has been UP since May 28th, 2020 at 19.9631
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).