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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MWKUSD
Open High Low MWKUSD Price Change
0.001368 0.001368 0.001346 0.001346 -0.000022
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term down The long term trend has been DOWN since Oct 3rd, 2018 at 0.001365

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2018 at 0.001362

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.001348

Smart Scan Analysis for MWKUSD

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

-100
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001368 0.001368 0.001346 0.001346 -0.000022
Prev. Close Volume Bid Ask Time
0.001368 0.001308 0.001384 2018-12-14 13:06:57
Want to analyze Malawian Kwacha/US Dollar MWKUSD or another symbol? Try our Free Forex Trend Analysis Report.