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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_MWKGBP
Open High Low MWKGBP Price Change
0.001045 0.001045 0.001040 0.001040 -0.000005
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term up The long term trend has been UP since May 2nd, 2018 at 0.001005

intermediate term up The intermediate term trend has been UP since Jun 13th, 2018 at 0.001055

short term down The short term trend has been DOWN since Jun 20th, 2018 at 0.001045

Smart Scan Analysis for MWKGBP

Based on a pre-defined weighted trend formula for chart analysis, MWKGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001045 0.001045 0.001040 0.001040 -0.000005
Prev. Close Volume Bid Ask Time
0.001045 0.000980 0.001100 2018-06-21 04:07:44
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