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Horizen (ZEN): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, April 08, 2022 08:59 AM | InvestorsObserver Analysts
Horizen (ZEN): How Does it Rank Friday on Long-Term Trading Metrics?

Horizen receives an average long-term technical score of 47 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, ZEN holds a superior long-term technical analysis score than 47% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

Long-Term Technical - 47
InvestorsObserver is giving Horizen a 47 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Horizen!

Trading Analysis

Horizen's price is -$3.5800000 (-8.01%) below its 100-day moving average price of $44.630000000 as its price at the moment sits at $41.060000000. Additionally, ZEN is $11.9700000 (103.35%) higher than its 52-week low price of $29.080000000 while -$127.10000000 (18.47%) under its 52-week high of $168.150000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives ZEN an average long-term technical score of 47. Long-term trading movement of Horizen suggest that investors are bearish on the coin at the moment. Horizen currently has a total market cap of $503,095,936.71 to go along with its average daily volume of $145,383,743.97 worth of the currency over the past seven days. ZEN's volume is below its seven day average as of the past 24 hours, with 21,516,927.69 exchanged in that period.

Summary

ZEN's historical trading over the past year gives it a an average long-term technical score of 47 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on Horizen (ZEN).

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