Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

South African Rand/Malawian Kwacha (FOREX:ZARMWK)

Countertrend Up (+85) - ZARMWK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ZARMWK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMWK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARMWK
Open High Low ZARMWK Price Change
91.43324 91.43324 91.43324 91.43324 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARMWK

long term up The long-term trend has been UP since Jul 23rd, 2023 at 57.309703

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 89.292960

short term up The short-term trend has been UP since Mar 28th, 2024 at 89.342680

Smart Scan Analysis for ZARMWK

Based on our trend formula, ZARMWK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.43324 91.43324 91.43324 91.43324 0.00000
Prev. Close Volume Bid Ask Time
91.43324 2024-03-28 02:42:10
Get a free daily analysis and signals for South African Rand/Malawian Kwacha (ZARMWK) - Request Your Free Report.