Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Euro/Malawian Kwacha (FOREX:EURMWK)
Strong Uptrend (+100) - EURMWK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMWK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EURMWK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMWK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURMWK
The long-term trend has been UP since Jul 15th, 2020 at 834.690
The intermediate-term trend has been UP since Oct 13th, 2020 at 880.069
The short-term trend has been UP since Nov 27th, 2020 at 902.692
Smart Scan Analysis for EURMWK
Based on our trend formula, EURMWK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).