Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Malawian Kwacha/US Dollar (FOREX:MWKUSD)
Long-Term Downtrend (-90) - MWKUSD is in a strong downtrend that is likely to continue. While MWKUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MWKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MWKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MWKUSD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.00059013
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.00059371
The short-term trend has been DOWN since Apr 24th, 2024 at 0.00057734
Smart Scan Analysis for MWKUSD
Based on our trend formula, MWKUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00057724 | 0.00057724 | 0.00057724 | 0.00057724 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00057724 | 2024-04-26 07:26:04 |