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Forex Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

US Dollar/ (FOREX:USDZMW)

Weak Downtrend (-65) - USDZMW is showing signs of a strengthening downtrend. Monitor USDZMW as it may be building momentum to the downside.

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

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

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

FOREX_USDZMW
Open High Low USDZMW Price Change
25.421591 25.421591 25.421591 25.421591 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDZMW

long term up The long-term trend has been UP since Sep 4th, 2023 at 20.117041

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 25.805090

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 26.373112

Smart Scan Analysis for USDZMW

Based on our trend formula, USDZMW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.421591 25.421591 25.421591 25.421591 0.000000
Prev. Close Volume Bid Ask Time
25.421591 2024-06-22 16:44:15
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