Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/Euro (FOREX:ZMWEUR)
Strong Downtrend (-100) - ZMWEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZMWEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZMWEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMWEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZMWEUR
The long-term trend has been DOWN since Sep 4th, 2023 at 0.04615338
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.03617041
The short-term trend has been DOWN since Jul 24th, 2024 at 0.03542217
Smart Scan Analysis for ZMWEUR
Based on our trend formula, ZMWEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03525855 | 0.03525855 | 0.03525855 | 0.03525855 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03525855 | 2024-07-26 14:00:15 |