This character is a Other Symbol and is commonly used, that is, in no specific script.
The glyph is not a composition. It has no designated width in East Asian texts. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. The word that U+1F5D6 forms with similar adjacent characters prevents a line break inside it.
The Wikipedia has the following information about this codepoint:
Maximization or maximisation may refer to:
Maximization in the sense of exaggeration
Entropy maximization
Maximization (economics)
Profit maximization
Utility maximization problem
Budget-maximizing model
Shareholder value, maximization
Maximization (psychology)
Optimization (mathematics)
Expectation–maximization algorithm
Representations
System
Representation (click value to copy)
Nº
128470
UTF-8
F0 9F 97 96
UTF-16
D8 3D DD D6
UTF-32
00 01 F5 D6
URL-Quoted
%F0%9F%97%96
HTML hex reference
🗖
Wrong windows-1252 Mojibake
🗖
Encoding: GB18030 (hex bytes)
94 39 F8 34
RFC 5137
\u'1F5D6'
Bash and Zsh inside echo -e
\U0001F5D6
C and C++
\U0001F5D6
C#
\U0001F5D6
CSS
\01F5D6
Excel
=UNICHAR(128470)
Go
\U0001F5D6
JavaScript
\uD83D\uDDD6
Modern JavaScript since ES6
\u{1f5d6}
JSON
\uD83D\uDDD6
Java
\uD83D\uDDD6
Lua
\u{1F5D6}
Matlab
char(128470)
Perl
"\x{1F5D6}"
PHP
\u{1f5d6}
PostgreSQL
U&'\+01F5D6'
PowerShell
`u{1F5D6}
Python
\U0001F5D6
Ruby
\u{1f5d6}
Rust
\u{1f5d6}
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