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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Euro/Malawian Kwacha (FOREX:EURMWK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EURMWK Price Change
844.96 845.61 843.36 844.23 -0.73
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long term trend has been UP since Jun 7th, 2018 at 904.9536

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2018 at 841.3320

short term up The short term trend has been UP since Jul 16th, 2018 at 849.4600

Smart Scan Analysis for EURMWK

Based on a pre-defined weighted trend formula for chart analysis, EURMWK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
844.96 845.61 843.36 844.23 -0.73
Prev. Close Volume Bid Ask Time
844.96 833.54 854.92 2018-07-18 06:26:38
Want to analyze Euro/Malawian Kwacha EURMWK or another symbol? Try our Free Forex Trend Analysis Report.