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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

/US Dollar (FOREX:MZNUSD)

Strong Downtrend (-100) - MZNUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MZNUSD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_MZNUSD
Open High Low MZNUSD Price Change
0.01565133 0.01565133 0.01565133 0.01565133 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term down The long-term trend has been DOWN since Mar 15th, 2024 at 0.01565095

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.01565107

short term down The short-term trend has been DOWN since Feb 21st, 2024 at 0.01565733

Smart Scan Analysis for MZNUSD

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

-100
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01565133 0.01565133 0.01565133 0.01565133 0.00000000
Prev. Close Volume Bid Ask Time
0.01565133 2024-03-27 15:36:38
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