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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.001360 0.001365 0.001350 0.001355 -0.000005
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term up The long term trend has been UP since Jun 13th, 2018 at 0.001390

intermediate term up The intermediate term trend has been UP since Jun 13th, 2018 at 0.001390

short term down The short term trend has been DOWN since Jun 20th, 2018 at 0.001385

Smart Scan Analysis for MWKUSD

Based on a pre-defined weighted trend formula for chart analysis, MWKUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001360 0.001365 0.001350 0.001355 -0.000005
Prev. Close Volume Bid Ask Time
0.001360 0.001150 0.001560 2018-06-22 14:05:06
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