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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

US Dollar/Malawian Kwacha (FOREX:USDMWK)

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_USDMWK
Open High Low USDMWK Price Change
727.960 728.165 727.495 727.645 -0.315
Entry Signal

MarketClub’s Trade Triangles for USDMWK

long term up The long term trend has been UP since Dec 2nd, 2018 at 734.37

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2018 at 734.37

short term down The short term trend has been DOWN since Jan 21st, 2019 at 727.93

Smart Scan Analysis for USDMWK

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

+55
Smart Scan Analysis for USDMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
727.960 728.165 727.495 727.645 -0.315
Prev. Close Volume Bid Ask Time
727.960 713.810 741.480 2019-01-22 13:05:23
Want to analyze US Dollar/Malawian Kwacha USDMWK or another symbol? Try our Free Forex Trend Analysis Report.