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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Euro/Malawian Kwacha (FOREX:EURMWK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

FOREX_EURMWK
Open High Low EURMWK Price Change
833 833 833 833 0
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long term trend has been UP since Dec 5th, 2018 at 859.015

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 834.345

short term down The short term trend has been DOWN since Dec 7th, 2018 at 831.170

Smart Scan Analysis for EURMWK

Based on a pre-defined weighted trend formula for chart analysis, EURMWK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
833 833 833 833 0
Prev. Close Volume Bid Ask Time
833 829 837 2018-12-09 20:47:05
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