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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Euro/Malawian Kwacha (FOREX:EURMWK)

Bull Market Weakness (+75) - EURMWK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMWK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURMWK?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMWK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMWK
Open High Low EURMWK Price Change
1876.2 1876.2 1876.2 1876.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long-term trend has been UP since Apr 5th, 2023 at 1121.779

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 1814.400

short term up The short-term trend has been UP since Mar 28th, 2024 at 1835.300

Smart Scan Analysis for EURMWK

Based on our trend formula, EURMWK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1876.2 1876.2 1876.2 1876.2 0.0
Prev. Close Volume Bid Ask Time
1876.2 2024-03-28 02:42:10
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