ZENZO (ZNZ): Does it Score Poorly on Long-Term Trading Metrics Thursday?

Thursday, March 28, 2024 06:40 AM | InvestorsObserver Analysts

ZENZO receives an average long-term technical score of 43 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. ZNZ currently holds a superior long-term technical analysis score than 43% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving ZENZO a 43 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ZENZO!

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Trading Analysis

ZNZ is currently $0.0021679 (62.60%) above its 100-day moving average price of $0.003463043 with its current price of $0.005630933. Meanwhile, ZENZO is $0.0043716 (-873042.43%) above its 52-week low price of $0.001259317 and -$25.07496981 (-39.85%) below its 52-week high of $25.080600739. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 43. Trends for the long-term trading history of ZENZO suggest that traders are currently bearish on the coin. ZENZO currently has a total market cap of $167,052.91 to go along with its average daily volume of $248.60 worth of the currency over the past seven days. ZNZ's volume is below its seven day average as of the past 24 hours, with 32.54 exchanged in that period.

Summary

Technical analysis of ZENZO over the past year results in the crypto receiving a an average long-term technical score of 43 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on ZENZO (ZNZ).